Crude oil prices rise for third session straight amid US-Iran war uncertainty; Brent crude above $110/bbl
US-Iran war: Oil prices extended gains to a third straight session on Monday, 18 May, as President Donald Trump renewed pressure on Iran to strike a deal aimed at ending weeks of conflict and reopening the strategically important Strait of Hormuz.
Brent crude futures rose $2.03, or 1.86%, to $111.29 per barrel after hitting an intraday high of $112 earlier in the session, marking the highest level since May 5.
