Oil prices advanced on Sunday as geopolitical tensions in the Middle East intensified following renewed US military strikes on targets in Iran.
The escalation marks a significant shift in the conflict, raising immediate concerns about potential disruptions to global energy supply routes and production facilities in the region.
Brent crude futures rose in the session, reflecting market anxiety over the stability of Persian Gulf exports.
The price move underscores the persistent premium investors attach to Middle East stability, with any direct threat to Iranian infrastructure or shipping lanes likely to trigger further volatility in energy markets.
US equity index futures showed little movement, indicating a cautious stance among traders at the start of the week.
Market participants are balancing the immediate supply-side risks in energy against broader macroeconomic uncertainties.