Brent crude rose 1.1% to $97.31 a barrel as renewed U.S.-Iran strikes heightened concerns that shipping through the Strait of Hormuz could face further restrictions. Iranian authorities have signaled plans to declare a restricted zone near the strait in the coming days, while only two vessels crossed on Saturday and six on Sunday, according to shipping data cited by media reports. The decline in traffic has raised fears of an oil-price shock that could push inflation and interest rates higher. Reuters reported that a U.S. naval blockade of Iranian ports and tougher sanctions were reducing Iran's oil exports and access to foreign currency, increasing pressure on its economy. U.S. President Donald Trump's envoys Jared Kushner and Special Envoy Steve Witkoff visited Kyiv after meeting Russian President Vladimir Putin in Moscow, with further peace-plan details expected in the coming weeks. Nvidia CEO Jensen Huang said artificial general intelligence (AGI) had arrived, citing OpenAI's GPT-6 Astra and its extensive Nvidia computing infrastructure. Separately, at least five people reportedly died and five were injured when an Amazon Prime Air cargo plane operated by 21 Air overran a runway and crashed at Miami International Airport.