By Monday morning, the price of a benchmark barrel of U.S. oil was up 0.4% at $74.16 after briefly dipping to a loss. Brent crude, the international standard, edged up by 0.2% to $77.17 per barrel. They still remain higher than they were before the fighting began a little more than a week ago, when a barrel of benchmark U.S. crude was close to $68.

The all-caps post came hours after weekend bombings in Iran rattled oil markets and reignited fears of rising fuel costs.

President Donald Trump demanded that energy producers push down crude prices following US military strikes on Iran, amid fears that an escalating Middle East conflict and supply disruptions could extend the recent surge on oil markets.