Oil and gold prices continued surging on Monday as escalating tensions in the Middle East fanned worries about disruption to global oil supplies, sending investors scurrying to safer investments.
Brent crude oil soared past $70 a barrel, rising more than 2 percent on Monday, while West Texas Intermediate crude rose 1.8 percent to $64.21.
Oil prices had jumped more than 4 percent on Friday after the United States killed Iran’s Quds Force leader Qassem Soleimani, in an air attack near Baghdad airport.
Solo Oil PLC (LON:SOLO) is an investment company with the target of acquiring a diverse global portfolio of direct and indirect interests in exploration, development and production oil and gas assets, both on-shore and off-shore.