Sri Lanka, March 26 -- U.S. oil prices rose in early trade on Thursday, recovering some of the previous day's losses as investors assessed prospects for de-escalation in the Middle East and Iran reviewed a U.S. proposal to end the war, which has disrupted energy flows from the Gulf.

U.S. West Texas Intermediate crude futures climbed more than $1 to $91.42 a barrel at the open and were up 93 cents, or 1 per cent, at $91.25 a barrel as of 2225 GMT.

WTI lost 2.2 per cent on Wednesday.

Iran is still reviewing a U.S. proposal to end the war in the Gulf despite an initial response that was negative, a senior Iranian official told Reuters on Wednesday, indicating that Tehran had so far stopped short of rejecting it outright.

U.S. President D...