July 7 : Oil prices rose on Tuesday after reports of attacks on vessels near the Strait of Hormuz revived fears of disruptions to shipping through the critical energy transit route.Brent crude futures gained 61 cents, or 0.85 per cent, to $72.60 a barrel, while U.S. West Texas Intermediate crude rose 49 cents

Brent crude rose 0.4 per cent to US$72.27 a barrel as at 8.27am Singapore time. Read more at straitstimes.com. Read more at straitstimes.com.

Brent crude futures rose 28 cents, or 0.39%, to $72.29 a barrel, while U.S. West Texas Intermediate (WTI) crude gained 29 cents, or 0.26%, to $68.84 a barrel. Both benchmarks had…

Crude oil futures rise amid reports of missile attacks on tankers in the Strait of Hormuz, heightening market tensions.