Oil prices rise on Monday as investors react to renewed escalation between Iran and Israel. Multiple reports describe heightened regional tension following exchanges of strikes, with markets focused on whether the conflict will broaden or persist, undermining hopes for any diplomatic settlement. CNBC reports that oil increases amid fears the confrontation could drag on. Daily Sabah says oil prices jump sharply—near 5% by Monday midday—while risk sentiment weakens, noting that technology shares fall alongside the move in crude. Euronews similarly reports that oil prices move higher early in the day as the latest developments are monitored, framing the situation as strikes occurring despite prior expectations for de-escalation. Across outlets, the core market driver is the same: concerns that military action in the Middle East could disrupt supplies or extend uncertainty in global energy markets. The reports also describe the atmosphere as one of fragile truce-testing and ongoing attempts at finding a negotiated outcome.