Oil prices climb as Iran deploys new tactics to target ships transiting Hormuz
Brent crude futures rise 63 cents, or 0.6%, to $106.32 a barrel
Oil prices climbed on Wednesday after two vessels were struck in the Strait of Hormuz and Iranian officials told Reuters they were deploying new tactics to target ships, as Tehran seeks to keep oil prices high and influence the US midterm elections. Brent crude futures rose 63 cents, or 0.6%, to $106.32 a barrel by 0345 GMT, while US West Texas Intermediate crude futures gained 66 cents, or 0.7%, to $94.80 a barre...