flush draw and open ended straight draw

UTG+2 is loose-aggressive/aggressive

Did I play this right? (probably not). Should I have folded to one of his bets? Or re-raised?

Party Poker No-Limit Hold'em, $ BB (10 handed) FTR converter on zerodivide.cx

UTG+1 ($19.44)
UTG+2 ($54.95)
MP1 ($26)
MP2 ($5.96)
MP3 ($17.45)
Hero ($24.75)
Button ($23.01)
SB ($24.75)
BB ($5)
UTG ($12.77)

Preflop: Hero is CO with 8[img]/images/graemlins/club.gif[/img], 9[img]/images/graemlins/club.gif[/img]. Hero posts a blind of $0.35. SB posts a blind of $0.10.
<font color="#666666">2 folds</font>, <font color="#CC3333">UTG+2 raises to $0.75</font>, MP1 calls $0.75, <font color="#666666">2 folds</font>, Hero (poster) calls $0.50, <font color="#666666">1 fold</font>, SB (poster) calls $0.65, <font color="#666666">1 fold</font>.

Flop: ($3.35) 6[img]/images/graemlins/club.gif[/img], 7[img]/images/graemlins/heart.gif[/img], 4[img]/images/graemlins/club.gif[/img] <font color="#0000FF">(4 players)</font>
SB checks, <font color="#CC3333">UTG+2 bets $1</font>, MP1 calls $1, Hero calls $1, SB folds.

Turn: ($6.35) Q[img]/images/graemlins/diamond.gif[/img] <font color="#0000FF">(3 players)</font>
<font color="#CC3333">UTG+2 bets $3</font>, MP1 folds, Hero ?