The benchmark Brent Crude jumped as much as $60.65 per barrel from its previous close of $59.10 a barrel but cooled subsequently to $60.01 at the time of filing this report.

Last month, a major missile and drone attack on Saudi Arabian oil fields caused the prices to surge as much as $71 in the following day. Saudi Arabia had said that the damage to the two oil facilities was "unquestionably sponsored by Iran".

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