Due to fears of a worsening of the conflict in the Middle East following a rocket attack on the Israeli-occupied Golan Heights, which Israel and the United States blamed on the Lebanese armed group Hezbollah, oil prices rose on Monday, reducing last week's loss. worsen; re.

American West Texas Intermediate (WTI) crude futures rose 9 cents, or 0.1%, to $77.25 per barrel. Brent oil futures gained 20 cents, or 0.3%, to $81.33 per barrel at 00:10 GMT. Last week, Brent lost 1.8% while WTI fell 3.7% due to lower Chinese demand and hopes for a ceasefire agreement in Gaza. The Israeli security cabinet on Sunday authorized the government of Prime Minister Benjamin Netanyahu to decide on the “manner and timetable” of a response to Saturday's rocket attack on the Golan Heights that killed 12 teenagers and children