US-Iran war, March 31 -- Oil prices were largely steady on Tuesday as investors assessed the likelihood of US President Donald Trump moving to end the Iran conflict against risks of supply disruptions from a prolonged shutdown of the Strait of Hormuz, a crucial route for global oil shipments.

Brent crude for May delivery edged up 18 cents, or 0.16%, to $112.96 per barrel at 0438 GMT, after slipping 1% earlier in the session. The May contract is set to expire on Tuesday, while the more actively traded June contract stood at $107.10.

Meanwhile, U.S. West Texas Intermediate (WTI) crude for May delivery declined 25 cents, or 0.24%, to $102.63 per barrel, after touching its highest level since March 9 earlier in the day.

Donald Trump has in...