Oil has opened for the week's futures trade on Globex, up around 2% after a tense weekend

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Oil futures higher after a weekend of not much progress to end the war:Attacks:Reports that Iran missiles have hit a tanker off Oman in HormuzIran hot backing down:Iran vows Hormuz stays shut until US meets demandsTrump all at sea:Trump: "we are low keying it" This article was written by Eamonn Sheridan at investinglive.com.