Tanker incident activates oil traders’ adrenaline, sends benchmark price up


Oil futures rose on Monday on increasing concerns about supply disruptions in the Middle East even as investors and traders fretted over global economic growth prospects amid a standoff in the Sino-U.S. trade talks.

Brent crude futures were at $71.71 a barrel by 0912 GMT, up $1.09.

U.S. West Texas Intermediate (WTI)...