Oil prices surged to their highest in five months, Brent crude briefly topped $81 a barrel, after the US joined Israel in striking key Iranian nuclear facilities at Fordow, Natanz, and Isfahan.
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Early in Asian trading, oil prices experienced a decline following Iran’s retaliatory strike on Israel during the weekend. Despite this, Brent crude, a crucial global oil price benchmark, remained lower but hovered around $90 per barrel on Monday morning.