WS #10957
Renewed US-Iran strikes over weekend drive oil prices up >$1/bbl; Strait of Hormuz chaos called 'new normal' by shipping giant; negotiations on hold. Ukrainian drone attacks on Russian oil refineries continue; Putin admits fuel shortages but says not critical. UK to build hybrid warships with drone capabilities instead of replacing ageing destroyers, part of upcoming defense investment plan.
US-Iran Escalation & Oil Spike
Renewed US-Iran strikes over weekend drive oil prices up >$1/bbl; Strait of Hormuz chaos called 'new normal' by shipping giant; negotiations on hold.
Ukrainian drone attacks on Russian oil refineries continue; Putin admits fuel shortages but says not critical.
UK to build hybrid warships with drone capabilities instead of replacing ageing destroyers, part of upcoming defense investment plan.