Crude oil prices were up around 2% at trading start on Monday with escalated tensions in the Middle East risking secure crude oil supply from the region.
International benchmark Brent crude was trading at $70.17 per barrel at 0630 GMT for a 2.3% jump after it closed Friday at $68.60 a barrel with a 3.55% increase in intraday trading.
American benchmark West Texas Intermediate was trading at $64.31 a barrel for a 2% gain at the same time after ending Friday at $63.05 per barrel with a 3.06% intraday trading rise.
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Read more: Oil prices up 2% as Middle East tensions escalate