Oil prices jump as US and Iran trade attacks over Strait of Hormuz
- Brent crude climbs more than 4 percent as Washington and Tehran clash over control of critical waterway.
- Oil prices have jumped amid the latest outbreak of hostilities between the United States and Iran over the Strait of Hormuz.
- Brent crude, the main international benchmark, rose more than 4 percent on Monday as Washington and Tehran traded attacks amid their escalating standoff over control of the critical waterway.
Confirmed
- Oil prices have jumped amid the latest outbreak of hostilities between the United States and Iran over the Strait of Hormuz.
- Brent crude, the main international benchmark, rose more than 4 percent on Monday as Washington and Tehran traded attacks amid their escalating standoff over control of the critical waterway.
Unverified
- Brent crude climbs more than 4 percent as Washington and Tehran clash over control of critical waterway.
Sources: Al Jazeera