Brent crude oil intraday surge expands to 5%, Iran says it will close the Strait of Hormuz if it faces any new attack

Odaily Planet Daily reported that, according to Gate data, Brent crude oil's intraday gain has expanded to 5%, now standing at $79.60 per barrel. WTI crude oil is currently up 4.75%. Iranian media reports that Iran will close the Strait of Hormuz if it faces any new attack.