WS #11070
Ukrainian drone strikes on Russian fuel supplies cause shortages; expected massive Russian attack within 72 hours. Iran tensions escalate with no concessions and Strait of Hormuz traffic at 15% of pre-war levels, driving oil prices higher and impacting global trade. Trump orders US Navy to blockade Strait of Hormuz; UK refuses to join; oil projected past $115.
Russia-Ukraine conflict escalation
Ukrainian drone strikes on Russian fuel supplies cause shortages; expected massive Russian attack within 72 hours.
Iran tensions escalate with no concessions and Strait of Hormuz traffic at 15% of pre-war levels, driving oil prices higher and impacting global trade.
Trump orders US Navy to blockade Strait of Hormuz; UK refuses to join; oil projected past $115.