Oil prices surged on Sunday evening, reflecting heightened tensions in the Middle East. U.S. West Texas Intermediate futures rose by 2.93% to $84.91 per barrel, while Brent crude futures increased by 3.13% to $90.86. The escalation of conflict, particularly with the U.S. confirming the death of a third American service member, adds to concerns about supply disruptions and geopolitical instability.
Investors should monitor these developments closely, as they may influence energy stocks and broader market sentiment