Oil prices climbed on Monday, extending last week's rally amid little progress in peace talks between the U.S. and Iran.
Brent crude futures traded 2.4 percent higher at $107.88 a barrel as the conflict entered its ninth week. WTI crude futures were up more than 2 percent at $96.33.
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Market Analysis
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.