Brent crude oil increased to 5 per cent per day and is now reported at $79.60 per barrel

BRENT CRUDE OIL INCREASED BY 5 PER CENT TO A DAILY INCREASE OF USD 79.60 PER BARREL. WTI CRUDE OIL HAS INCREASED BY 4.75 PER CENT. IT WAS REPORTED THAT IRAN WOULD CLOSE THE STRAIT OF HORMUZ IN CASE OF ANY NEW ATTACKS. KIM XIAN