Oil prices rise again as the Iran war enters its 5th week

Oil prices rose above $115 per barrel when markets reopened on Sunday.

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• Oil prices rose about 3% to over $115 a barrel on Sunday.
• The US and Israel's war on Iran entered its 5th week.
• Gas prices in the US are now averaging almost $4 per gallon.

Oil prices rose on Sunday after the Iran-backed Houthis in Yemen launched cruise missiles and drones at Israel, marking their entry into the war.

Brent oil reached $116.75 a barrel late on Sunday...