Oil jumps 4% as new military strikes threaten Hormuz shipments
Oil prices surged over 4% on Monday as energy shipments via ​the Strait of Hormuz remained under threat, with the U.S. and ‌Iran announcing renewed military strikes. Brent crude futures climbed $3.10, or 4.08%, to $79.11 by 0325 GMT, while U.S. West