By Scott DiSavino July 14 (Reuters) - Oil prices rose about 2% to a one-month high on Tuesday after the U.S. reimposed a naval blockade on Iran and as renewed attacks between Washington and Tehran heightened concerns over energy flows through the Strait of Hormuz.

The price of crude oil surged again with benchmark Brent rising for a second straight day to more than $87 per barrel, and U.S. crude blowing past $80.

Stock futures pointed in different directions Tuesday as rising energy prices, bank earnings, and key inflation data competed for investor attention

Oil prices are climbing Monday following a weekend of attacks in the Middle East, while more losses for computer chipmakers and

For decades, OPEC influenced the market by how much oil it produced. But China, the largest importer, is demonstrating its remarkable power over prices.

Stocks fall and oil prices rally, while government bond yields rise, after US and Iranian forces renewed exchanges of heavy missile and drone assaults, with Tehran saying it had again closed the vital Strait of Hormuz.

A large oil tanker moves through the Strait of Hormuz as a smaller Iran-flagged speedboat cuts across the foreground. Iran said Monday that the Strait of Hormuz remained closed after U.S. and Iranian forces exchanged heavy missile,

Brent crude dips slightly below $78 a barrel; most Asian stock markets bounce back