OIL UP- Brent Blows Past $70 on U.S

Oil prices remained in bull territory on Monday, with global crude benchmark Brent piercing the key psychological $70-per-barrel mark, before coming off that peak, as Washington and Tehran exchanged strike threats after the U.S. killing of an Iranian general.West Texas Intermediate, the U.S. crude benchmark, settled up 22 cents, or 0.3%, at $63.27 per barrel. WTI hit an eight-month high of $64.72 earlier.Brent, the global oil benchmark,...

GOLD The conflict USA-IRAN; $1,600

Gold prices hit near seven-year highs on Monday, helped by a bullish endorsement of the yellow metal by Goldman Sachs as risk-averse investors piled into safe havens amid the worsening U.S.-Iran conflict.Gold futures for February delivery on New York’s COMEX settled up $16.40, or 1.1%, at $1,568.80 per ounce. It hit 1,588.65 earlier, its highest level since 2013, with some analysts targeting $1,600 next.Spot gold, which tracks li...