Brent crude surged 4.6% back above $81 on news of an Iran-Oman deal to partially reopen the Strait of Hormuz, reigniting inflation fears ahead of today's US July jobs report.
US stock futures are mixed: Dow Jones futures down 0.04% to 53,990, S&P 500 up 0.07% to 7,740, and Nasdaq 100 up 0.29% to 29,570 as investors adopt a cautious stance.
The Nonfarm Payrolls report, due at 12:30 GMT, is expected to show 80K...
