Oil prices jump on renewed US-Iran hostilities | The Express Tribune

The Express Tribune

tribune.com.pk

Oil prices rose about 1% on Friday тАЛafter renewed fighting broke out between the US┬аand Iran, threatening a shaky ceasefire and dashing hopes тАМfor progress on a reopening of the Strait of Hormuz, a key transit route for oil and liquefied natural gas.Brent crude futures were up $1.20, or 1.2%, a