Oil jumps 2% on US-Iran escalation
[Oil prices gained more than 2% on Monday after a resumption of military action between the US and Iran rekindled market concerns about global supply disruption, as the conflict extended into its sixth month. Brent crude futures were up $2.17, or 2.46%, to $90.27 a barrel at 1612 GMT. US WTI crude was up $2.06, … Read more