Oil prices jump as US, Iran trade fire in Strait of Hormuz

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Oil prices have jumped after clashes between the United States and Iran in the Strait of Hormuz tested their tenuous ceasefire. Futures for Brent crude rose as much as 7.5 percent during a volatile trading session on Thursday, before easing as Asia’s markets opened on Friday morning. Recommended Stories list of 4 items list 1 of 4Videos show interceptions over the skies of Tehran list 2 of 4Barcelona vs Real Madrid: All to know about El Clasico list 3 of 4Huge fire at Mexican fair kills five people list 4 of 4Are global alliances fracturing? end of list The international…

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