Renewed hostilities threaten to extend the near-total closure of the Strait, which has choked off supplies of crude, fuels and natural gas since the start of the war in late February

West Texas Intermediate crude surged as much as 3.3 per cent to US$92.99 a barrel. Read more at straitstimes.com. Read more at straitstimes.com.

Oil prices have surged after fresh US strikes on Iran, threatening a fragile truce and prolonging the Middle East conflict. Read more at straitstimes.com. Read more at…