Oil prices rose over four percent after Qasem Soleimani, leader of the Iranian Revolutionary Guard's elite force Quds, was killed in a rocket attack on Baghdad airport.
In the attack, which Iran blames on the United States, a leader of the Iraqi militia group Hashed al-Shaabi - Abu Mahdi al-Muhandi was also killed.
The price of a barrel of Brent oil rose 4.4 percent to $ 69:16, while the price of WTI oil rose 4.3 percent to $ 63:84.