FRANKFURT, Germany — Oil prices rose sharply Monday as disruptions to tanker traffic through the Strait of Hormuz raised uncertainty about how U.S. and Israeli attacks on Iran would affect supply to the world economy.
Fishermen work in front of oil tankers south of the Strait of Hormuz on Jan. 19, 2012, offshore the town of Ras Al Khaimah in United Arab Emirates.Â
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In this June 8, 2011, file photo, sun sets behind an oil pump in the desert oil fields of Sakhir, Bahrain.Â
Petrol prices are displayed at a filling station in Frankfurt, Germany, on Monday.
