Oil prices continued their upward climb on Monday, as markets focused on escalating geopolitical risks in the Middle East despite renewed assertions by US President Donald Trump that talks with Iran remain under way and could still lead to a diplomatic breakthrough.
The US military is deploying a large amphibious assault ship with thousands of additional Marines and sailors to the Middle East, three US officials told Reuters on Friday, as Iran's new supreme leader hailed Iran's "unity" and "resistance".
