Over the weekend, Israel struck Lebanese targets despite US President Trump urging Israeli PM Netanyahu to refrain from strikes. In retaliation, Iran launched missiles at Israel.

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.

Trump urged Netanyahu against retaliation, but Israel struck Iran anyway, sending oil above $92 and escalating regional tensions.

Brent nears $96 a barrel amid geopolitical tensions despite Trump urging restraint on retaliation