Doha: Oil prices surged in early trade Monday on concerns of disruption to energy markets after US attack on Iran’s nuclear facilities. Brent and the main US crude contract WTI both jumped more than four percent to hit their highest price since January.
According to Qatar News Agency, they pared these gains, however Brent was up 2.2 percent at $79.20 per barrel and WTI was 2.1 percent higher at $75.98.