Oil prices jump more than $3 after new strikes on Saudi, Strait of Hormuz

Oil prices rose more than $3 at market open on Monday, after new strikes on Saudi Arabia and on ships in the Gulf on Sunday.Brent crude futures ICEEUR:BRN1! rose $3.62, or 3.46%, to $108.23 per barrel as of 22:14 GMT (Sunday). WTI futures ICEEUR:BRN1! rose $3.15, or 3.15%, to $103.20 per barrel.