Oil prices jump after renewed US-Iran exchanges
Oil prices jumped on Monday morning following U.S. attacks on Iranian rocket launcher positions on Larak Island on Sunday and subsequent Iranian retaliation.
U.S. oil was trading at $86.26, up 3.44%, on Monday morning, while global oil was up 3.4% trading at $91.10.
The average price for a gallon of regular was $4.01, down 4 cents from last week's average, according to GasBuddy.
-ABC News' Victor Ordonez




