Brent crude drops 0.71% to $108.3/barrel

International crude oil prices traded higher on Monday as persistent fears of supply disruptions in West Asia kept markets on edge, with the ongoing US-Israel-Iran conflict weighing on sentiment.

Brent crude futures rose as much as 2.01 per cent or $2.2, to $111.23 per barrel, hovering near a 52-week high. Similarly, US West Texas Intermediate (WTI) crude gained 3.53 per cent or about $4 to $115.48. Brent crude, the global oil benchmark, dropped 0.71 per cent to USD 108.3 per barrel.

Crude oil prices climb over 3 pc to near 52-week high amid geopolitical tensions.