Oil Prices Surge as Middle East Fighting Threatens Supply

Oil futures climbed to their highest level in almost four months on Monday. Increased fighting across the Persian Gulf region has raised concerns about potential supply disruptions. The Persian Gulf is a major oil-producing area, and conflict there can threaten the flow of crude oil to global markets. Traders worry that escalating violence could reduce supply, pushing prices higher. The exact impact on supply remains uncertain, but markets are reacting to the risk.