Oil prices jump after Iran seizes British tanker
July 23, 2019 00:00:00
LONDON, July 22 (Reuters): Oil prices rose sharply on Monday on concerns that Iran's seizure of a British tanker last week may lead to supply disruptions in the energy-rich Gulf.
Brent crude futures climbed $1.31, or 2.1 per cent, to $63.78 a barrel by 1040 GMT.
West Texas Intermediate (WTI) crude futures were up 87 cents, or 1.56 per cent, at $56.50 a barrel.
