The US-Iran ceasefire collapse and Iran's Strait of Hormuz threat push Brent to $78, jolting Asia, Europe and Latin America alike.

Oil prices extended a surge on Wednesday as the Middle East crisis burst back into the spotlight with US forces launching fresh strikes on Iran after an attack on three vessels in…

Brent crude rises above $76 a barrel for the first time in two weeks amid renewed violence in Strait of Hormuz.