India, Oct. 26 -- Crude oil prices eased on Monday after a sharp rally late last week, but both major benchmarks continued to trade above $100 per barrel as escalating tensions in the Middle East heightened concerns about the security of global energy supplies.

Brent crude futures fell 1.41%, or $1.65, to $115.10 per barrel, while US West Texas Intermediate (WTI) crude declined 1.71%, or $1.77, to $101.50. The pullback followed Friday's gains, when prices settled nearly $3 higher amid renewed concerns over attacks on Saudi Arabian infrastructure.

Despite Monday's decline, oil prices remained close to six-month highs. Brent gained around 6% over the previous week, while WTI advanced 2.3%, reflecting the growing geopolitical risk premium ...