Traders appear to be hedging against worst-case scenario of a conflict between the two nations, analyst says Business live – latest updates Traders appear to be hedging against worst-case scenario of a conflict between the two nations, analyst says Business live – latest updates Oil prices have reached seven-month highs, as traders reacted to heightened tensions between the US and Iran ahead of nuclear talks this week. US crude futures rose to $67.28 a barrel on Monday, while Brent crude