WS #11696
Trump declares ceasefire with Iran 'over', launches new strikes; Iran retaliates against Bahrain and Kuwait; oil prices spike over 7% on Strait of Hormuz disruption fears. Brent crude surges 7.24% to $79.53, WTI up 6% to $73.52 as US-Iran hostilities renew supply disruption risks in the Strait of Hormuz.
US-Iran Conflict Escalation
Trump declares ceasefire with Iran 'over', launches new strikes; Iran retaliates against Bahrain and Kuwait; oil prices spike over 7% on Strait of Hormuz disruption fears.
Brent crude surges 7.24% to $79.53, WTI up 6% to $73.52 as US-Iran hostilities renew supply disruption risks in the Strait of Hormuz.