Shoots Down U.S. Spy Drone by sepah

Brent crude jumped on the news in early morning trading, up 2.86%, or $1.77, at $63.59 a barrel at 7:50 a.m. ET. The U.S. benchmark West Texas Intermediate was up 3.55%. The Strait of Hormuz is a critical conduit for 30% of the world’s seaborne oil.