U.S. crude oil rose nearly 3% on Monday, as the market waited for Israel to strike Iran.
Oil prices spiked last week on fears that Israel could hit the Iran’s oil industry in retaliation for Tehran’s ballistic missile attack.
Here are Monday’s energy prices:
- West Texas Intermediate November contract: $76.44 per barrel, up $2.06, or 2.77%.
- Brent December contract: $79.91 per barrel, $1.86, or 2.38%.