Oil prices rose on Monday as the United States and Iran resumed hostilities for the first time in roughly a month.
The West Texas Intermediate for October delivery increased by 2.36 U.S. dollars, or 2.83 percent, to settle at 85.76 dollars a barrel on the New York Mercantile Exchange. Brent crude for November delivery went up 2.39 dollars, or 2.71 percent, to settle at 90.49 dollars a barrel on the London ICE Futures Exchange.
Crude futures settle higher
