Ammon News - Oil prices extended gains on Monday amid political uncertainty in major producing countries after Iran's president died in a helicopter crash.
Brent gained 41 cents, or 0.5%, to $84.39 a barrel by 0632 GMT, after rising to $84.43 earlier, its highest since May 10.
U.S. West Texas Intermediate (WTI) crude for June edged up 23 cents to $80.29 a barrel, after hitting $80.35 earlier, the highest since May 1.
The June contract expires on Tuesday and the more-active July contract was at $79.89, up 31 cents, or 0.4%.
Iranian President Ebrahim Raisi was killed in a helicopter crash in mountainous terrain near the Azerbaijan border, officials and state media said on Monday.
Reuters