US crude futures rise 41 cents to $105.50/bbl after prior intraday high of $110.93/bbl

MELBOURNE, May 1 (Reuters) – U.S. West Texas Intermediate crude ​rose 41 ‌cents or 0.43% on open to $105.50 a barrel, after ‌a ​prior ⁠intraday Thursday high ⁠of $110.93 a barrel after uncertainty on the direction of ​the U.S. war against ⁠Iran persisted.

WTI ⁠closed down $1.81, ​or 1.69%, at $105.07, ​but earlier reached its ‌highest point since April 7.

It is on track ⁠for its fourth month of gains, alongside ⁠benchmark ‌Brent, reflecting ⁠fears the Iran ​conflict ‌could choke ​global oil ⁠supplies for months to come.

(Reporting by Helen Clark; Editing by Chris ​Reese)