Oil prices rise amid renewed U.S.-Iran military tensions
pre-market1 source ↓written by the desknot a recommendation
- futures rose
- 1.3%
- a barrel
- $70.17
- climbed
- 0.78%
- $72.55
Oil prices increased on Monday as renewed military strikes between the U.S. and Iran raised concerns over crude supply from the Middle East. West Texas Intermediate futures rose 1.3% to $70.17 a barrel, while Brent climbed 0.78% to $72.55. Negotiations to resolve the conflict have reportedly paused, adding to market uncertainty.
Not investment advice. For informational purposes only.