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Brent heads for record monthly jump as Iran conflict widens
NEW DELHI: Oil prices extended gains on Monday, with Brent headed for a record monthly rise, after Yemeni Houthis launched their first attacks on Israel over the weekend, widening the US-Israel war with Iran in the Middle East. Brent crude futures jumped $2.43, or 2.16 percent, to $115 a barrel by 06:42 a.m. Saudi time after settling 4.2 percent higher on Friday. US West Texas Intermediate was at $101.50 a barrel, up $1.86, or 1.87 percent, following a 5.5 percent gain in the previous session.
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cnbc.com
Oil surges 3% as Iran war escalates with Yemen’s Houthis entering the Mideast conflict
Oil prices climbed on Monday after Yemen's Houthis said they had fired missiles at Israel, opening a new front in the U.S.- and Israeli-led conflict with Iran.
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bbc.com
Oil rises above $115 and Asia stocks slide as Iran war escalates
It comes after Iran-backed Houthi rebels in Yemen joined the conflict by striking Israel over the weekend.
