Oil prices rise after Iran fires missiles at Israelpublished at 01:33 BST
Osmond Chia
Business reporter
Image source, Anadolu via Getty ImagesOil prices climbed on Monday morning trade in Asia after Iran fired missiles at Israel for the first time since a fragile ceasefire was agreed between the countries and the US in April.
The price of the global benchmark Brent jumped by 2.6% to $95.50 (£71.60) a barrel, while US-traded crude rose by 2.5% to $92.75.
Energy prices have made wild swings since the April ceasefire was agreed.
Prices have floated around the $95 mark in the past week as traders weighed the long-term impact of the war on global energy flows.










