Sri Lanka, June 23 -- The Ceylon Petroleum Corporation (CPC) says it is planning to take necessary measures if any possible fuel crisis arises in the future due to the ongoing conflict and escalating tensions in the Middle East.

Meanwhile, global oil prices jumped on Monday to their highest levels since January, as the United States' weekend move to join Israel in attacking Iran's nuclear facilities stoked supply concerns, Reuters reported.

Brent crude futures were up 72 cents, or 0.93%, to $77.73 a barrel as of 08:06 GMT. U.S. West Texas Intermediate crude advanced 71 cents, or 0.96%, to $74.55.

Last night, it was reported that the Iranian parliament approved a measure to close the Strait of Hormuz in response to a recent U.S. militar...