Oil prices in Asian markets increased following retaliatory attacks between Iran and Israel. On Monday morning, Brent crude rose by 2.6 percent to reach 95.50 dollars per barrel, while U.S. crude climbed 2.5 percent to 92.75 dollars per barrel. The escalation has added pressure to global energy markets already facing instability.

Since the ceasefire agreement in April, energy prices have shown significant fluctuations. Over the past week, crude oil has hovered around 95 dollars per barrel, reflecting ongoing uncertainty in supply and demand conditions. Traders and investors are closely monitoring the situation to assess the potential long-term effects of the conflict on global energy supply chains and fuel flows.

Market participants remain cautious as the duration and intensity of the conflict could determine future price movements and supply stability across regions.