LONDON, June 29 : Oil rose almost 1 per cent on Monday after attacks by the U.S. and Iran underscored the fragility of their interim peace deal while expectations of a continued recovery in energy shipping through the Strait of Hormuz limited gains.Iran and the U.S. agreed to renew talks over the strait, rais

Brent jumped as much as 1.9 per cent to US$73.39 a barrel, before paring some gains. Read more at straitstimes.com. Read more at straitstimes.com.

Oil edged higher on Monday after renewed military strikes between the U.S. and Iran reignited concerns over crude supplies from the Middle East.