Oil prices rose while U.S stock-index futures were little changed on Sunday, amid an escalation of fighting in the Middle East and as investors await key tech earnings this week.

Oil climbed to the highest level in more than a month and bonds fell as US and Iranian attacks escalated, renewing inflation concerns. Stocks steadied after a technology-led selloff rattled markets last week.

Fresh attacks on shipping and energy infrastructure fuel concerns over supply disruptions across the Middle East.

Oil prices climbed sharply in early Asian trading on Monday as escalating military exchanges between the United States and Iran intensified concerns over potential disruptions to global crude supplies,

China urged Britain to protect the rights and interests of Chinese investors after the UK government nationalized British Steel, previously controlled by China’s Jingye Group.

China’s Jingye has demanded compensation from the UK government and threatened to pursue international arbitration over the nationalisation of British Steel, escalating a dispute that has strained relations between London and Beijing.

Jingye said it will take action "through legal means to the very end" after the UK government nationalised British Steel.

China’s Jingye Steel is seeking compensation from the British government over the nationalization of its former steel production complex in England, further straining relations between London and