Oil prices are rising on Tuesday morning after falling in the previous trading session, thanks to signs of easing tensions in the Middle East conflict.

Accordingly, Brent crude oil futures for October delivery rose by $1.25 (1.49%) to $85.02 a barrel on the ICE Futures stock exchange in London. On Monday, Brent had dropped by $6.35 (7%) to $83.77 a barrel.

And September WTI crude oil futures went up by $0.90 (1.12%) to $81.24 a barrel in online trading on the New York Mercantile Exchange (NYMEX). In the previous trading session, their price had decreased by $4.33 (5.1%), reaching $80.34 per barrel.