Oil prices jumped more than 3 percent on Wednesday as the Middle East crisis burst back into the spotlight, with United States and Iranian forces exchanging strikes after attacks on ships in the Strait of Hormuz, fuelling fresh supply fears.


Oil prices jumped more than 3 percent on Wednesday as the Middle East crisis burst back into the spotlight, with United States and Iranian forces exchanging strikes after attacks on ships in the Strait of Hormuz, fuelling fresh supply fears.