Market News

    Oil touches 2-week high after drone attack on UAE nuclear power plant

    Oil prices extended gains on Monday as efforts to end the U.S.-Israeli war on Iran appeared to have stalled, after a nuclear power plant in the United Arab Emirates came under attack and as U.S. President Donald Trump is expected to discuss military options on Iran.

    Brent crude futures climbed $2.03, or 1.86%, to $111.29 a barrel by 0220 GMT, after touching $112 earlier, the highest since May 5.

    Source : Investinhttps://www.investing.com/news/commodities-news/oil-rises-more-than-1-after-drone-attack-on-uae-nuclear-power-plant-4694570g.com