Oil prices are rising as traders once again express concern about disrupted Middle East supplies as the conflict between Israel and Iran continues. The cost of crude has been highly volatile in recent sessions as the market reacts to signs of escalation and hopes for a ceasefire.

Oil prices surged and Asian shares were lower Friday after Israel struck Iranian nuclear and military targets in an attack that raised the risk of all-out war between them. U.S. benchmark crude oil rose by $3.

Investors are regaining some appetite for risk amid rising optimism that the conflict won't spill over into a broader regional crisis.

US stock market jumps as Dow rallies 500 points as investors grow hopeful that the Israel-Iran conflict may stay contained. After a tense weekend of strikes and retaliation, a Wall Street Journal report hinted that Iran may be open to talks if the U.

Oil prices resumed their upward climb and U.S. futures were lower early Tuesday after Israel’s military issued an evacuation warning to 330,000 people in Iran’s capital Tehran. Asian shares were mixed.

Oil prices rallied Tuesday after Donald Trump urged Tehran residents to evacuate, stoking fresh fears of all-out war as Israel and Iran continued to pound each other with missiles.