Brent oil prices jumped last week to the highest level so far this year, as the latest Saudi-led air strikes on Yemen stoked supply tensions in the crude-rich Middle East. Elsewhere, precious metal gold sank on sliding safe-haven demand as a result of easing tensions over Greece.
Brent prices on Friday hit a four-month peak of $65.80 per barrel, the highest level since December 10, as Saudi-led coalition warplanes renewed bombing campaign in Yemen sent crude oil higher, with Brent rising to new 2015 highs.