Brent crude jumped over 2% to $102 after US strikes on Iranian targets in the Strait of Hormuz, rattling crypto markets and raising inflation concerns.

Brent crude fell 7 per cent on Monday, one of the sharpest single day drops since the Iran war and closure of Strait of Hormuz, but are now bouncing back

Brent crude jumped over 2% to $102 after US strikes on Iranian targets in the Strait of Hormuz, rattling crypto markets and raising inflation concerns.