Oil climbs above $116 after Trump says he wants to ‘take the oil’ in Iran

By Hanna Ziady, CNN London (CNN) — Oil prices rose Monday, with Brent crude crossing $116 a barrel, after comments by US President Donald Trump sparked fears that the Middle East conflict may escalate further. Brent crude, the global oil benchmark, rose 3.5% to $116.5 a barrel. WTI, the US benchmark, climbed 2% to $101.7