Oil extends turn higher as Houthi attacks offset push to ease Mideast conflict

Oil prices fluctuated on Tuesday, with traders assessing diplomatic efforts to de-escalate the U.S.-Israeli conflict and Houthi attacks in the Middle East.

Brent crude and U.S. WTI futures gained 0.5% and 0.6% respectively, trading around $116.38 and $102.35 per barrel.