Oil futures surged Monday after the United States and Israel launched strikes against Iran over the weekend. US crude jumped 7.8%. Brent crude, the international benchmark, spiked 6.5% to trade at around $77 a barrel,

Oil futures surged in the first trades since the United States and Israel went to war with Iran over the weekend.

The U.S. and Israeli attacks on Iran have sent a chill through world markets, with U.S. futures falling more than 1%

President Donald Trump’s decision to strike Iran creates new risks for a significant chunk of the world’s oil supply.

The U.S. and Israeli attacks on Iran have sent a chill through world markets, with U.S. futures falling more than 1%. European markets opened lower early Monday and oil prices

Oil markets in edge as U.S., Israel attack Iran

Oil markets are bracing for the reaction to the joint attack on Iran by the US and Isreal. The price of oil is expected to jump when trading starts again Sunday

Global oil markets are reeling after Iran effectively blocked tanker traffic through the Strait of Hormuz, sending crude prices soaring in weekend trading.Brent crude surged 10 percent to approximately $80 a barrel in over-the-counter