Oil prices have eased after jumping earlier amid renewed violence in the Strait of Hormuz. Brent crude fell more than 2% on Friday after earlier rising as much as 4% following the

Oil prices have eased after jumping earlier amid renewed violence in the Strait of Hormuz. Brent crude fell more than 2% on Friday after earlier rising as much as 4% following the International Maritime Organization's (IMO) decision to pause the evacuation of ships stranded near the critical waterway. 🔴 LIVE updates