Brent crude had climbed 26 cents, or 0.3 per cent, to $84.24 per barrel, while U.S. West Texas Intermediate (WTI) crude had risen 15 cents, or 0.2 per cent, to $80.21 per barrel.

Crude oil prices saw an uptick on Monday due to political instability in major oil-producing countries. This follows the tragic death of Iranian President Ebrahim Raisi in a helicopter crash and the cancellation of a planned trip to Japan by Saudi Arabia’s Crown Prince Mohammed bin Salman due to health concerns regarding his father,

Oil futures settled lower on Monday, giving up early gains that had been tied to potential risks to global crude supplies following the death of Iran’s president in a helicopter crash and concerns about the health of Saudi Arabia’s king.

Oil prices held steady on Monday amid political uncertainty in major producing countries after Iran's president died in a helicopter crash and Saudi Arabia's crown prince deferred a trip to Japan on account of his father,

Oil prices wavered Monday after Iran’s President Ebrahim Raisi died in a helicopter crash Sunday, according to state-run Press TV.

Investing.com-- Oil prices slipped lower Monday, handing back early gains after the confirmation of the death of Iran’s President in a helicopter crash. At 08:30 ET (12:30 GMT), Brent oil futures fell 0.

Ebrahim Raisi's death may have major implications for Iran, Israel, and the wider region. It could also impact oil prices, global markets and gold prices.