Brent futures jump on supply concerns
(Il Sole 24 Ore Radiocor) - Milano, 13 apr - Brent futures jumped following US president Donald Trump's vow for a blockade of Iranian ports.
The price surge comes after weekend peace talks with Iran in Pakistan collapsed without an agreement.
While Saudi Arabia has restored full capacity through its main pipeline to the Red Sea, the market remains focused on the potential for a global energy supply shock.
At 0859 GMT, crude oil futures were up 7.95 dollars, or.
8.35%, at 103.15 dollars a barrel.
(RADIOCOR) 13-04-26 11:01:57 (0204) 5 NNNN