Oil prices rise amid Hormuz tensions, hopes for agreement Brent crude futures rose sharply on Friday as tensions escalated between the United States and Iran in the Strait of Hormuz, though gains eased later amid expectations of a possible diplomatic breakthrough. Brent crude settled at $101.29 per barrel, up $1.23 or 1.23 percent, after climbing as much as 3 percent during trading. US West Texas Intermediate futures closed at $95.42 per barrel, up $0.6...