Oil soars above $117 as Iran war stand-off persists
Brent crude rises for eighth consecutive day
Brent crude rises for eighth consecutive day

Brent crude at highest level in three weeks

Prices for Brent crude climb 3 per cent during early trading in Asia

Brent crude rises above $125 a barrel in Asian trading to highest level since conflict began

Crude had stabilised on optimism that a deal could be reached to reopen the Strait of Hormuz

Global stocks slide as Tehran escalates attacks on energy infrastructure

Analysts say Iran conflict likely to increase cost of crude by 5-15% when markets reopen on Sunday