Brent crude, the global reference level, rose 2.3% on Monday to $ 63.91 per barrel. US oil prices are up 2.1%. The prize follows news on Friday that Iran seized a British thought in the Hormuz stream.
Britain has warned that it will take a "robust" action if Iran does not release the ship, and the government's emergency committee meets on Monday.
The episode comes after Britannia has arrested an Iranian tanker in waters off Gibraltar.
The United States and Iran are also engaged in a thrill. The United States last week claimed to have shut down an Iranian drone, almost a month after Iran shot down an American drone.
2. China's New Technology Market: China has launched its latest bid for technical superpower by opening a Nasdaq stock market.
Trading on the Shanghai Stock Exchange's new board, known as the Star Market, began on Monday, less than a year after the initiative was unveiled by President Xi Jinping.
A frenzy of buying investors sent share prices high. The 25 shares listed on Star received 1[ads1]60% on average within dinner in China.
Shares in Anji Microelectronics Technology, which make materials for semiconductors, rocket as much as 520% before trimming these gains.
AB InBev, whose massive debt burden struck $ 102.5 billion in 2018, announced the sale of its Australian business after listing its Asia business on the Hong Kong Exchange Exchange.
The company said that IPOs, which could have increased by as much as $ 9.8 billion, were hit among concerns about wider "market conditions".
4. Comes this week:
Tuesday – Europe consumer confidence; US existing home sales; Coca-Cola () Harley-Davidson () Kimberly-Clark ) Lockheed Martin () Chipotle ( ) [UBS () View ( Earnings )
Wednesday – German Production Data; US new home sales; US commodity stocks; AT & T () Boeing UPS
Thursday – ECB Decision Decision; US durable goods; 3M () American Airlines () Anheuser-Busch InBev ] ]] Comcast () Hershey () Nokia () AMZN ) Alphabet ] ) Intel ( ) ] Mattel () Starbucks ( earnings )
Friday – US Q2 GDP; McDonald's ( and ) Twitter ( income )