Crude prices rose on Monday after a major cyberattack forced the shutdown of critical fuel supply pipelines in the United States and highlighted the fragility of its oil infrastructure.
Brent crude was up by 57 cents, or 0.8%, at $68.85 a barrel by 0645 GMT, having risen by l.5% last week.
Signalling the seriousness of the situation, the White House was working closely with Colonial Pipeline (COLPI.UL) to help it recover from the ransomware attack, which forced the biggest U.S. fuel pipeline operator to shut a network supplying populous eastern states. read more
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