Oil rises on Trump's Iran threats, stocks take cue on talks

Oil prices rose as the Middle East crisis escalated Monday with US President Donald Trump's threat to destroy Iran's main export terminal, and after the entry of Yemen's Houthi rebels into the war.Oil markets, on the other hand, took their cue from the red light of Trump's threats to destroy Iran's oil fields and export terminal, as well as reports the United States is readying ground troops, plus the Houthis getting involved in the war by firing missiles at Israel, he added.