Oil prices rose since the start of the US-Israeli war against Iran amid huge volatility. Brent is up more than 50 percent year to date. At the same time we

Oil prices jumped over 3% on Monday as escalating strikes between Iran and Israel heightened fears of prolonged regional instability, threatening a fragile ceasefire.

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…