Brent Oil Up to $105 Amid Hormuz

Brent futures rose 0.3% to $105.22/barrel; WTI slipped 0.3% to $95.62, both set for biggest weekly gain since early March.
Closure of the Strait of Hormuz, handling ~20% of world oil, has kept tanker traffic largely shut, lifting prices above pre‑war levels.
Iran seized ships; US captured Iranian vessels; Trump ordered Navy to “shoot and kill” any Iranian ships trying to mine the strait.
Iranian FM Abbas Araghchi to travel to Islamabad and Israel‑Lebanon ceasefire extended three weeks, offering little market relief.