Oil prices: US crude benchmark opens over $113, Brent above $110

TOKYO, Japan — Crude oil prices opened higher on Monday, with US benchmark West Texas Intermediate up 1.86 percent to $113.62 a barrel. This, as the war in the Middle East continues to squeeze global energy supplies. North Sea Brent crude was also higher at the week’s market opening, climbing 1.16 percent to $110.30 a barrel. READ: No price drop soon despite Hormuz pass for PH-bound oil President Donald Trump has set a Tuesday deadline for Iran to end the war and reopen shipping in the critical Strait of Hormuz waterway. He threatened in an expletive-laden social media post Sunday to […]... Keep on reading: Oil prices: US crude benchmark opens over $113, Brent above $110

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