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Commodities

Middle East Tensions Keep Crude Oil Prices Above $82

Guavy AI Editorial Team
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Oil
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Crude oil prices remain elevated on Monday as tensions in the Middle East persist. The price of crude oil traded around $82.5 per barrel, holding onto last week's gains.

The conflict in the region has been exacerbated by Israel's recent strikes on Lebanon, which killed 11 people, including a senior Hezbollah commander over the weekend.

President Donald Trump is preparing new economic sanctions aimed at forcing Iran to surrender, adding pressure on his administration to bring an end to the military campaign.

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