Oil surges as fresh US strikes on Iran threaten fragile truce
· thehindubusinessline.com
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
Oil jumped after a second day of US military strikes on Iran, with the Islamic Republic announcing a halt to all vessels through the Strait of Hormuz in respons...