Calm returned to Wall Street, and U.S. stocks rallied, while oil prices gave back some of their initial spurts following Israel’s attack on Iranian nuclear and military targets at the end of last week.

U.S. stocks climbed on Monday, as oil prices retreated after the Israel-Iran attacks left crude production and exports unaffected, easing investor concerns about the potential for higher energy prices to stoke inflation.

Oil prices dropped and stocks gained in early trading on Monday, indicating optimism among investors about the limits of economic fallout from the ongoing conflict.