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Oil surges after Iran and U.S. attack ships as tensions escalate over Hormuz

Crude oil prices surged Sunday, as the U.S. and Iran teetered on the brink of a renewed war after attacks on commercial ships in the Strait of Hormuz. Crude oil prices surged Sunday, as the U.S. and Iran teetered on the brink of a renewed war after attacks on commercial ships in the Strait of Hormuz. West Texas Intermediate futures for May delivery rose about 7% to $89.74 per barrel by 6:45 p.m. ET... [1789 chars]

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