JUST IN: Oil prices opened higher after Donald Trump threatened to attack Iranian energy facilities if the Strait of Hormuz, a key passage for global crude oil trade, is not reopened.


The surge also pushed gasoline prices in the United States to their highest level since 2022 and put downward pressure on Wall Street futures.
Brent crude rose 1.4% to $110.60, and US crude advanced 1.8% to $113.60.
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