WS #11595
A tanker was attacked near the Strait of Hormuz, sending oil prices up ~2% (WTI $70.25, Brent $73.52) and futures extending gains, escalating the geopolitical risk premium. Ukrainian drones struck Russia's largest oil refinery in Omsk, Siberia, the deepest strike yet, threatening Russian refining capacity and adding to global supply concerns.
Strait of Hormuz Tanker Attack & Oil Spike
A tanker was attacked near the Strait of Hormuz, sending oil prices up ~2% (WTI $70.25, Brent $73.52) and futures extending gains, escalating the geopolitical risk premium.
Ukrainian drones struck Russia's largest oil refinery in Omsk, Siberia, the deepest strike yet, threatening Russian refining capacity and adding to global supply concerns.