Oil prices surged more than 3% on Monday after renewed military strikes between the United States and Iran reignited concerns over energy shipments through the Strait of Hormuz.Brent crude futures LCOc1 were up $2.67, or 3.51%, to $78.68 at 0743 GMT, while U.S.<p><p>https://www.marinelink.com/news/oil-jumps-renewed-usiran-conflict-541148</p></p>