WS #10340
Trump threatens new strikes on Iran and a 20% tax on oil through the Strait of Hormuz, while Iran reimposes a blockade; talks in Switzerland conclude first round without a statement. Ukrainian forces strike the Tyumen oil refinery in a deep attack on Russian infrastructure, adding supply-side risk to Russian oil.
US-Iran Escalation and Hormuz Blockade
Trump threatens new strikes on Iran and a 20% tax on oil through the Strait of Hormuz, while Iran reimposes a blockade; talks in Switzerland conclude first round without a statement.
Ukrainian forces strike the Tyumen oil refinery in a deep attack on Russian infrastructure, adding supply-side risk to Russian oil.