New Delhi, March 9 -- Brent crude prices surged sharply on Monday, rising by more than 25 per cent to USD 116.5 per barrel, amid the ongoing conflict in West Asia, which has made crude prices bullish.

During the trading session, crude prices also touched a high of USD 119.45 per barrel, reflecting growing concerns in the global energy market as geopolitical tensions intensify in the region.

West Asia is currently engulfed in a high-intensity, multi-front conflict involving Iran, Israel, and the United States. The crisis escalated following coordinated US-Israeli strikes on Iran, which reportedly resulted in the death of Iran's Supreme Leader, Ayatollah Ali Khamenei. The developments have significantly raised fears of supply disruptions ...