Oil prices jump as US and Iran trade attacks over Strait of Hormuz

Brent crude climbs more than 4 percent as Washington and Tehran clash over control of critical waterway.

Oil prices have jumped amid the latest outbreak of hostilities between the United States and Iran over the Strait of Hormuz.

Brent crude, the main international benchmark, rose more than 4 percent on Monday as Washington and Tehran traded attacks amid their escalatin...