Crude-oil futures rose Monday due to fears of supply disruptions following news reports out of Israel indicating possible escalation of tensions with Iran, and amid a stronger euro.
Crude-oil futures rose Monday due to fears of supply disruptions
following news reports out of
Israel
indicating possible escalation of tensions with
Iran
, and
amid a stronger euro.
At 0915 GMT, the front-month September Brent contract on
London
's ICE
futures exchange was $1.26, or 1.1%, higher at $114.21 a barrel. The
front-month September contract on the New York Mercantile Exchange was trading
up 66 cents, or 0.7%, at $93.53 per barrel.
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