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Evening Standard
Evening Standard
Business
Holly Williams

MYSTERIOUS: Oil prices jump after weekend us and iran attacks - You Need To See This

Oil prices have dropped to levels last seen before the war in the Middle East as the crucial Strait of Hormuz reopens gradually following the US-Iran peace deal (Alamy/PA) -

Oil prices have shot up further after US and Iran attacks over the weekend, in a move putting unwelcome pressure on energy and fuel costs.

Benchmark Brent crude rose 4% to 79 US dollars a barrel amid confusion over the Strait of Hormuz, with America and Iran both claiming control over the vital shipping route.

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