US-Iran war, April 6 -- Oil prices extended gains on Monday, April 6, amid persistent concerns over supply disruptions caused by shipping issues in the key Middle Eastern producing region, stemming from the US-Israeli war with Iran.

Brent crude futures increased by $1.71, or 1.6%, reaching $110.74 per barrel. Meanwhile, US West Texas Intermediate crude futures rose above $115 per barrel.

Back home, crude oil prices on Multi Commodity Exchange (MCX) were also trading marginally higher by 0.16% at Rs.10,422 per barrel.

On Thursday, WTI climbed over 11% while Brent surged around 8% in volatile trade, marking their biggest absolute gains since 2020, after US President Donald Trump promised to continue the attack on Iran.

In a series of sh...