Russian President Vladimir Putin and U.S. President Donald Trump have held a lengthy phone call to discuss the escalating situation in the Middle East and Ukraine peace talks. Trump in a posting

Russian President Vladimir Putin and US President Donald Trump discussed the escalating crisis between Israel and Iran in a roughly hour-long phone call on Saturday.

Gold rose to a near two-month high on Monday, as intensified clashes between Israel and Iran over the weekend stoked fears of a broader regional conflict, pushing investors towards safe-haven assets.

Israel’s attack on Iran has catapulted their long-running conflict into what could become a wider, more dangerous regional war and potentially drive prices higher for both businesses and households.

Attacks force shift in U.S. plan for diplomatic deal in Iran and efforts to disentangle from region.

Oil prices were volatile on Monday, after surging 7% on Friday, as renewed strikes by Israel and Iran over the weekend increased concerns that the conflict could widen across the Middle East and significantly disrupt oil exports from the region.