EconomyOil prices jump as US and Iran trade attacks over Strait of Hormuz
Washington and Tehran are clashing over control of the Strait of Hormuz, a critical waterway. Brent crude has risen by more than 4 percent as the two sides exchange attacks. The confrontation is sending fresh pressure through energy markets and underscoring the strategic importance of the maritime route. Control of the strait remains at the centre of the dispute.
Oil prices jump as US and Iran trade attacks over Strait of Hormuz
Economy