Crude jumps to multi-year highs on global energy crunch


LONDON (Reuters) - Oil prices rose by about 2% on Monday, extending gains as an energy crisis grips major economies amid a pick-up in economic activity and restrained supplies from major producers.

Brent crude was up US$1.45, or 1.8%, at US$83.84 a barrel by 1336 GMT, its highest since October 2018.

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