Crude's Climb Sours New Trading Week, U.S.-Venezuela Deal to Buoy Risks

Escalating U.S.-Iran tensions are lifting crude oil prices into the Monday session, setting a cautious risk-off tone for equities in the near term. While the article flags a separate new U.S.-Venezuela deal as a potential long-term support for supply risks, the immediate headline-driven spike in oil is the dominant short-term market factor.