Brent crude prices climbed sharply on Monday as the military confrontation between the United States and Iran intensified with a new round of airstrikes over the weekend.
The escalation marks a significant deepening of hostilities in the Middle East, prompting immediate repricing of supply disruption risks across energy markets.
The surge in oil comes as US stock futures retreated, reflecting broader investor caution amid the geopolitical flare-up.
Market participants are closely monitoring the Strait of Hormuz, a critical chokepoint for global oil shipments, as the risk of transport bottlenecks rises with each new exchange of fire.
The cross-asset reaction underscores the market's sensitivity to any threat to Middle Eastern energy infrastructure.
This development follows a period of heightened tension, with previous reports indicating that the US and Iran had already engaged in aerial strikes.