Oil prices fell slightly on Wednesday morning after rising more than 4 percent Tuesday amid concerns about supply disruptions due to the escalating Iran-Israel conflict.

Brent oil futures for August delivery fell $0.19, or 0.25 percent, to $76.26 a barrel on the ICE Futures exchange in London. On Tuesday, they had risen $3.22, or 4.4 percent, to $76.45 a barrel.

July WTI oil futures fell $0.08, or 0.11 percent, to $74.76 per barrel on online trading at the New York Mercantile Exchange (NYMEX). At the end of the previous trading, they had increased by $3.07, or 4.28 percent, to $74.84 per barrel.