WS #11332
U.S. strikes Iranian military sites after Iran attacks a cargo ship in the Strait of Hormuz, violating the ceasefire; oil markets show muted reaction. Iran begins talks with Japanese companies for oil sales under a US sanctions waiver, first since 2019, but shipping safety concerns remain. DOJ and FTC urge state attorneys general to investigate oil companies for manipulating gasoline prices, escalating Trump's price gouging campaign.
U.S.-Iran Military Escalation
U.S. strikes Iranian military sites after Iran attacks a cargo ship in the Strait of Hormuz, violating the ceasefire; oil markets show muted reaction.
Iran begins talks with Japanese companies for oil sales under a US sanctions waiver, first since 2019, but shipping safety concerns remain.
DOJ and FTC urge state attorneys general to investigate oil companies for manipulating gasoline prices, escalating Trump's price gouging campaign.