Brent crude futures rose 1.24 percent to $72.88 a barrel and WTI rose 1.04 percent to $69.26 a barrel on Tuesday following reports of damage to a Saudi-flagged tanker and a Qatari LNG tanker near the Strait of Hormuz. CNA and Straits Times reported the incidents, including UKMTO details of a projectile strike causing fire 8 nautical miles off Oman, with no direct comment from Washington or Tehran. Iran's foreign minister stated that talks with Washington would not occur if U.S. threats continue.