From Dow Jones & Company:

Oil futures remained steady at the start of the week after a drone attack killed three U.S. troops in Jordan, sparking fears of a broader Middle East conflict that could impact crude supplies. West Texas Intermediate crude rose 9 cents to $78.10 a barrel and March Brent crude was up 11 cents at $83.66 a barrel on ICE Futures Europe. The attack caused both WTI and Brent crude to surge by more than $1 per barrel in Asian trading. U.S. officials blame the drone attack on an Iran-backed militia and President Joe Biden has vowed retaliation. This incident has raised concerns about potential disruptions to global oil supplies.



Read more: Oil futures flat as traders monitor rising Middle East tensions