Oil prices rose on Tuesday after a deal to resume oil exports from Iraq's Kurdistan stalled, pacifying some investor concerns that the restart would add to global oversupply fears. Investors on Tuesday were watching developments around the deal to restart oil exports from Iraq's Kurdistan. Overall, the global oil market is bracing for elevated supply and slowing demand, hampered by the take-up of electric vehicles and economic pressures fuelled by U.S. tariffs. "On the other hand, higher crude exports from OPEC+ are a headwind for prices as well as the lack of new sanctions targeting Russian oil exports." U.S. crude oil stockpiles were expected to have risen last week, while gasoline and distillate inventories likely fell, a preliminary Reuters poll on Monday showed.