WS #11666
Trump declares Iran ceasefire 'over', US launches new strikes, oil surges ~7%, equities fall sharply, and Iran threatens Hormuz closure and NPT withdrawal. Russia halts diesel exports after Ukrainian drone strikes on refineries deepen fuel crisis, adding to global supply tightness. US SPR down to ~19MM barrels, below minimum operating levels, eliminating buffer against Hormuz supply disruptions.
US-Iran Ceasefire Collapse & Oil Spike
Trump declares Iran ceasefire 'over', US launches new strikes, oil surges ~7%, equities fall sharply, and Iran threatens Hormuz closure and NPT withdrawal.
Russia halts diesel exports after Ukrainian drone strikes on refineries deepen fuel crisis, adding to global supply tightness.
US SPR down to ~19MM barrels, below minimum operating levels, eliminating buffer against Hormuz supply disruptions.