Oil prices rose following the latest escalation in the Middle East. According to Reuters, US crude futures climbed by $2.57 to $93.11 a barrel, while Brent crude futures rose by $2.67 to $95.76 a b…

Oil rises on Monday amid heightened tensions in the Middle East, raising concerns that the conflict may drag on.

Oil prices rose after Iran fired missiles at Israel, raising fresh doubts over U.S.-Iran diplomacy and the reopening of the Strait of Hormuz.