(Il Sole 24 Ore Radiocor) - Milano, 20 apr - Brent futures rose sharply after the US Navy seized an Iranian ship in the Gulf of Oman, causing tensions to flare up again. In response, Iran moved to take control of the Strait of Hormuz, a key route for the world's oil.

Investors are closely watching developments in the Middle East as US vice president JD Vance is expected to lead a new round of peace talks with Iran in Pakistan this week, though Tehran has not yet publicly confirmed its participation.

At 0850 GMT, crude oil futures were up 5.41 dollars, or.

5.99%, at 95.79 dollars a barrel.

(RADIOCOR) 20-04-26 10:56:05 (0228) 5 NNNN