Oil futures open higher after a weekend of Middle East escalation

<p>Terrible news out of the Middle East continues:</p><ul><li><a href="https://www.forexlive.com/news/three-us-soldiers-killed-many-injured-in-drone-attack-in-jordan-20240128/" target="_self">Three US soldiers killed, many injured in drone attack in Jordan</a></li></ul><p>Terrorist attacks on shipping in mid-East water continue also, a tanker was hit in the Red Sea.</p><p>Oil has opened higher on the intensifying fears of further escalation and potential supply restrictions:</p><p>US equity index futures have opened lower.</p>

This article was written by Eamonn Sheridan at www.forexlive.com.