by TAYLOR FISHMAN | The National News Desk TOPICS: WASHINGTON (TNND) — Tensions in the Middle East have escalated as Israel employs unprecedented warfare tactics against Iran, according to Louis ...

“In response to the evolving geopolitical situation following Israel’s recent attack on Iran and the resulting volatility in the international oil markets, the Prime Minister of Pakistan has constituted a high-level committee to monitor petroleum product pricing and supply dynamics,” read a statement released by the Ministry of Finance on Monday.

Oil prices edged higher in early trade, adding to last week’s surge as Israel and Iran exchanged strikes for a fourth day.

Oil futures jumped as the market reopened Sunday night, building on last week’s surge after Israel attacked Iranian energy facilities over the weekend and underlining fears around potential disruption to Middle Eastern crude flows.