WS #11682
US launches new wave of strikes on Iran after Trump declares ceasefire 'over'; Iran retaliates with threats of massive attack on US bases; oil prices surge >7% on Strait of Hormuz disruption. Oil prices jump over 7% (WTI +5.75%, Brent +6.49%, Heating Oil +12.43%) as Iran ceasefire collapses and Hormuz traffic halts.
US-Iran Conflict Escalation
US launches new wave of strikes on Iran after Trump declares ceasefire 'over'; Iran retaliates with threats of massive attack on US bases; oil prices surge >7% on Strait of Hormuz disruption.
Oil prices jump over 7% (WTI +5.75%, Brent +6.49%, Heating Oil +12.43%) as Iran ceasefire collapses and Hormuz traffic halts.