Oil price surges on Middle East conflict

TOKYO, Japan – Oil prices soared in Asia on Monday on the back of turmoil in the Middle East following US and Israeli military strikes on Iran. In early trade, Brent Crude rose to just over $80 per barrel compared to the closing price of $72.87 on Friday before easing slightly. READ: us-and-israel-launch-an-attack-on-iran-with-tensions-high-over-nuclear-talks The price