US crude oil rises more than $2 due to Middle East conflict

March 30 (Reuters) - U.S. crude oil futures rose more than $2 in early Asian trading on Tuesday as the conflict in the Middle East intensified, raising concerns about supplies, while U.S. President Donald Trump warned Iran against continuing to block the Strait of Hormuz.

U.S. West Texas Intermediate crude rose $2.01, or 2%, to $104.94 a barrel by 22:10 GMT. The contract reached its highest level since March 9 in the previous session and is up more than 56% so far this month, on track for its best monthly performance since May 2020.


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