Oil rises as U.S.-Iran attacks heighten Hormuz supply risks
Oil prices rose in early European trading as escalating U.S.-Iran attacks heightened concerns about further pressure on energy flows through the Strait of Hormuz. Front-month Brent futures rose 0.7% to $96.97 a barrel.
S. and Iran raised concerns that already-disrupted energy flows through the Strait of Hormuz could come under further strain. 97 a barrel.