WS #10339
Iran has reimposed its blockade of the Strait of Hormuz, reversing the prior week's MOU and escalating the crisis, with Trump threatening strikes and a tax on oil transiting the strait. Ukrainian forces struck the Tyumen oil refinery deep inside Russia, adding supply-side risk to Russian oil markets.
Iran reimposes Strait of Hormuz blockade, escalating crisis
Iran has reimposed its blockade of the Strait of Hormuz, reversing the prior week's MOU and escalating the crisis, with Trump threatening strikes and a tax on oil transiting the strait.
Ukrainian forces struck the Tyumen oil refinery deep inside Russia, adding supply-side risk to Russian oil markets.