Benchmark US oil contract WTI was up Monday after US President Donald Trump gave Iran a 48-hour ultimatum to open the Strait of Hormuz or face decimation of its energy infrastructure and Israel warned the war would continue for several more weeks.
the price of West Texas Intermediate (WTI) was up 0.44 percent to $98.66 per barrel. It had climbed to just over $100 a barrel earlier Monday.
WTI crude oil prices up following Trump ultimatum on Iran
