Oil Jumps 5% After US Seizes Ship

Oil prices surged over 5% on Monday, with Brent at $95.49/barrel and WTI at $87.38/barrel.
US Central Command reported US forces fired on, boarded and seized Iranian‑flagged cargo vessel M/V Touska after six‑hour warnings.
President Trump warned the cease‑fire likely ends Wednesday, keeping the Strait of Hormuz closed and costing Iran about $500 million daily.
Analysts note the shutdown could tighten oil supply, trigger USD rebound and add tail‑risk to markets amid uncertain peace talks.