Crude oil prices remain elevated even after pulling back from the 5-month high hit on Friday. Explore the top targets to watch.

A jump in crude oil prices to about $75 a barrel has also weighed on the euro and yen given the European Union and Japan are primarily net crude importers as opposed to the U.S. which is a net exporter. Investors' next point of focus is the Fed which is set to decide whether to change its interest rates.

Oil prices had jumped more than 4% on Wednesday as fears of a conflict that would disrupt crude supplies suddenly swept the market.