Brent crude fell 7 per cent on Monday, one of the sharpest single day drops since the Iran war and closure of Strait of Hormuz, but are now bouncing back Sign up to the Independent Climate email for the latest advice on saving the planet Get our free Climate email Get our free Climate email Email * SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our Privacy notice Oil prices rose again on Tuesday after US military strikes in southern Iran shattered