Oil prices rose above $80 a barrel Monday in London as investors feared that fighting in the Middle East will spread on the one-year anniversary of the October 7 attacks on Israel.
Around 1525 GMT (5:25pm in Paris), the price of Brent North Sea oil was up 2.6 percent at $80.10 a barrel. Its US equivalent, West Texas Intermediate (WTI) for November delivery, was up 2.85 percent at $76.51.
