The news Tuesday that certain European Union member countries are contemplating imposing sanctions on Russian crude oil, and attacks on Saudi Arabian oil facilities caused oil futures to extend gains.

At 0014 GMT, front-month West Texas Intermediate futures increased by $2.21 (1.97%) to $114.33/barrel on NYMEX. Futures went up 2.00, or 2.26, to $118.23/barrel on Intercontinental Exchange.

As supply disruptions continued to weigh on the market, both contracts settled higher than 7% Monday.

Foreign ministers of the European Union are divided on whether they should join the United States in sanctioning Russian crude oil. Germany and other countries argue that Russia’s fossil fuels make the bloc too dependent.

In a note, analysts from Commonwealth Bank of Australia (OTC), wrote that the proposed ban was still not yet policy. “A significant number of EU states oppose it,” they said.

The note stated that “it is still significant that the ban has been discussed at all”

Saudi Arabia, however, has stated that it won’t be held responsible for oil shortages caused by attacks on oil facilities in its country by the Iranian-aligned Houthis.

After the Saudi Arabian oil facility was attacked by drones and missiles, the comments made by the group were temporary.