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View all search resultsBrent crude futures LCOc1 were at $80.89 a barrel, up $3.15, or 4.1 percent, by 0745 GMT. On Monday, the contract surged to as high as $82.37, its highest since January 2025, though it pared those gains to settle 6.7 percent higher.
Shortly after the United States urged Americans to flee all Middle Eastern nations from Egypt eastward, smoke rose above the US embassy in Riyadh after it was hit by two drones, a Saudi defense spokesman said, although there were no immediate reports of injuries.
The strikes, which Trump said were aimed at destroying Iranian missiles and annihilating its navy, follow repeated US-Israeli warnings that they would strike Iran again if it pressed ahead with its nuclear and ballistic missile programs.
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