The Oslo Stock Exchange opened the week with a 0.35% gain in the main index, driven by a sharp rally in energy equities.

The move comes as Brent crude spot prices climbed $4.7 from Friday’s close to reach $90.7 a barrel.

The oil price surge follows reports that the United States launched its ninth attack on Iran overnight into Monday.

The escalation in Middle East tensions has reignited supply risk premiums, pushing energy names to the forefront of trading activity on the Norwegian exchange.

Investors are weighing the immediate geopolitical shock against broader market sentiment.

While the Oslo Børs opened higher, the wider Nordic region showed mixed signals, with Stockholm’s index also ticking up amid separate corporate M&A activity.