Oil prices settled higher on Tuesday as supply disruptions mounted in Russia and the U.S., while talks to end the war in Ukraine capped gains as this could boost supply from Moscow.

Oil prices were rising in early trade after a drone strike hit a pipeline pumping station in Russia, disrupting flows to global markets. WTI jumped 1.3% to $71.62 a barrel, while Brent crude was up 0.

Brent crude oil prices stabilized in early Tuesday trading after a drone attack on Russias Kropotkinskaya pipeline station disrupted oil flows from Kazakhstan. Brent futures dipped 0.09% to $75.15 per barrel by 0137 GMT,

Oil extended gains on Tuesday after a drone attack on an oil pipeline pumping station in Russia reduced flows from Kazakhstan, though prices were kept in check by the prospect of rising supply. Brent crude futures gained 44 cents,