By Nicole Jao NEW YORK, July 10 (Reuters) - U.S. drivers have seen gasoline prices climb again after weeks of steady declines, as renewed fighting between the U.S. and Iran lifted crude oil prices to their biggest weekly rise in eight weeks.

After several weeks of declining gas prices, Ohio drivers are once again seeing higher prices at the pump. According to AAA East Central, the statewide average for regular gasoline is now $3.70 per

The price of oil surged more than 6% on Wednesday after President Donald Trump said that the ceasefire deal with Iran was “over” after the two countries trades strikes following attacks on three oil tankers near the Strait of Hormuz.

By Stephanie Kelly LONDON, July 10 (Reuters) - Oil prices eased on Friday but remained on track for weekly gains as renewed U.S.-Iran fighting disrupted shipping in the Strait of Hormuz, stoking concerns over supply disruptions.

Brent crude rises above $76 a barrel for the first time in two weeks amid renewed violence in Strait of Hormuz.

Speculator positioning in oil futures may exacerbate the fresh rally in crude, according to Ole Hansen, head of commodity strategy at Saxo. Hansen notes that the latest Commitments of Traders report from the Commodity Futures Trading Commission,

The bank sees the energy giant as the preferred way to benefit from a potential crude price surge if Middle East tensions persist.

By Erwin Seba HOUSTON, July 10 (Reuters) - Oil prices fell on Friday after the latest round of U.S.-Iran fighting as traders grew hopeful that shipping would eventually resume in the Strait of Hormuz,