Oil prices jump on renewed US-Iran hostilities

An oil tanker anchors near the oil hub of the port of Fos-Lavera at sunset near Marseille, southern France. PHOTO: REUTERS Oil prices rose about 1% on Friday ​after renewed fighting broke out between the US and Iran, threatening a shaky ceasefire and dashing hopes ‌for progress on a reopening of the Strait of Hormuz, a […]

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