Oil prices climbed on Monday as tensions between the United States and Iran escalated over maritime incidents. Reports indicated that U.S. Naval vessels intercepted Iranian ships in the Persian Gulf, prompting a sharp increase in crude oil futures. The conflict comes amid heightened regional instability, with both nations accusing each other of aggressive actions. Analysts noted that the situation could disrupt global oil supplies, affecting markets worldwide. The U.S. Has warned of further escalation, while Iran has called for international support. The price surge reflects growing concerns over potential disruptions in key oil shipping routes. Markets remain closely monitored for any signs of prolonged conflict.