WS #10347
Trump threatens to seize Strait of Hormuz and impose 20% oil toll; Iran's negotiator warns armed forces are ready; Hezbollah urges Lebanon to follow Iran's lead; talks in Switzerland break down. Ukraine continues drone strikes on Russian oil refineries; Crimea halts fuel sales to public due to shortages. Oil traders revive bearish bets as Iran deal deflates supply fears, countering the bullish energy thesis from the crisis.
US-Iran Crisis Escalation
Trump threatens to seize Strait of Hormuz and impose 20% oil toll; Iran's negotiator warns armed forces are ready; Hezbollah urges Lebanon to follow Iran's lead; talks in Switzerland break down.
Ukraine continues drone strikes on Russian oil refineries; Crimea halts fuel sales to public due to shortages.
Oil traders revive bearish bets as Iran deal deflates supply fears, countering the bullish energy thesis from the crisis.