Oil prices rise anew as a standoff between Iran and the US keeps tankers from using the Strait of Hormuz, reports AP.

ALSO READ

• Tensions Escalate Over US Seizure of Iranian Tanker

• Strait of Hormuz Shipping Crisis: Navigating Uncertain Waters

• Record-Breaking Vessel Traffic in Strait of Hormuz Marks Shipping Milestone

• Standoff in the Strait: Oil Prices Surge Amid US-Iran Tensions

• Tensions Surge as US-Iran Confrontation Intensifies at Strait