Oil prices rose on Wednesday amid choppy trading as investors awaited Washington's next steps in the US-Israeli war on Iran. Brent crude futures were up 0.7 percent, or 76 cents, at $104.36 a barrel by 0730 GMT, while U.S. West Texas Intermediate was up 0.7 percent, or 63 cents, at $96.72, reversing earlier losses. The gains followed the Barents settlement at its lowest level in nearly four weeks during the previous session.

Oil prices rose on Wednesday amid choppy trading as investors awaited Washington's next steps in the US-Israeli war on Iran. Brent crude futures were up 0.7 percent, or 76 cents, at $104.36 a barrel by 0730 GMT, while U.S. West Texas Intermediate was up 0.7 percent, or 63 cents, at $96.72, reversing earlier losses. The gains followed the Barents settlement at its lowest level in nearly four weeks during the previous session.