TOKYO, Japan – Oil prices soared in Asia on Monday on the back of turmoil in the Middle East following US and Israeli military strikes on Iran. In early trade, Brent Crude rose to just over $80 per barrel compared to the closing price of $72.87 on Friday before easing slightly. READ: us-and-israel-launch-an-attack-on-iran-with-tensions-high-over-nuclear-talks The price of Brent, the international benchmark for crude oil, already rose last week ahead of the strikes that began on Saturday. With the resulting regional turmoil, maritime transport is under threat through the Strait of Hormuz, through which around 20 percent of global oil passes. The […]... Keep on reading: Oil price surges on Middle East conflict