Oil prices jump as Hormuz reopening hopes fade

Oil prices jump as Hormuz reopening hopes fade

Brent crude rose over 2% to near $90 a barrel after attacks on shipping in the Middle East dented hopes for a deal to reopen the Strait of Hormuz. Yemen's government blamed Houthi missile strikes for killing six, while US forces disabled a vessel. Talks between Oman and Iran continue, but Tehran insists on conditions.

Source: Al Jazeera

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