Oil Prices Cross $90 a Barrel as U.S.-Iran Conflict Widens

Brent crude oil prices rose over 3 percent, exceeding $90 per barrel, as the U.S.-Iran conflict widens. This increase follows Iranian attacks on tankers and a fresh wave of U.S. attacks amid rising American casualties. While the global oil benchmark climbed as trading resumed on Sunday, S P 500 futures remained essentially unchanged. The price surge reflects the escalating tensions and military actions between the two nations, directly impacting the global energy market.