Oil extended gains on reports that Iran attacked “hostile targets” in the Strait of Hormuz, with Tehran seeking to bar US ships from the critical waterway in a deal…

Oil extended gains on reports that Iran attacked “hostile targets” in the Strait of Hormuz, with Tehran seeking to bar US ships from the critical waterway in a deal…

Brent crude surged 1.4 per cent to US$83.62 a barrel as at 8.24am, after jumping 4.9 per cent in the previous session. Read more at straitstimes.com. Read more at straitstimes.com.