Oil prices made more gains on Tuesday after an Iranian official said his country will "set fire to anyone who tries to pass through" the Strait of Hormuz as the conflict between his country and the US and Israel continues
In afternoon trade in Asia, Brent crude was around 3.2% higher at more than $80 (£59.67) a barrel, while US-traded oil was up by about 2.6%.
It comes after oil and gas prices surged on Monday and as the US government is set to announce plans to deal with the rising cost of energy.
The narrow strait is crucial to the global economy as about 20% of the world's oil and gas passes through it.
Speaking on state TV, Ebrahim Jabbari, who is an adviser to the Commander-in-Chief of Iran's Islamic Revolutionary Guard Corps (IRGC), said ships "should not come to this region. They will certainly face a serious response from us."
