WS #11711
US and Iran trade attacks for a second day; Strait of Hormuz traffic nearly halted; oil prices spike then steady; IMF warns of inflation risk. Ukrainian drones hit multiple Russian oil refineries, tankers, and depots, exacerbating fuel shortages and supporting oil prices.
US-Iran Conflict Escalation
US and Iran trade attacks for a second day; Strait of Hormuz traffic nearly halted; oil prices spike then steady; IMF warns of inflation risk.
Ukrainian drones hit multiple Russian oil refineries, tankers, and depots, exacerbating fuel shortages and supporting oil prices.