Oil jumps as U.S.-Iran exchanges flare - is $100 within reach?
Brent rose 5.9% to $91.19 and WTI climbed 3.4% to $86.27 after renewed U.S.-Iran hostilities. With a significant share of Gulf exports offline, shipping through the Strait of Hormuz greatly reduced, and the U.S. Strategic Petroleum Reserve at its lowest level since 1982, analysts say the technical and fundamental setup could push crude back toward …