WS #11722
US and Iran trade new strikes; Strait of Hormuz traffic collapses to near-standstill (only 2 tankers Thursday), threatening global oil supply and the fragile ceasefire. CFTC blocks CME's plan for 24/7 oil futures trading, citing regulatory authority; limits hedging flexibility but does not change physical supply.
US-Iran Military Escalation and Strait of Hormuz Disruption
US and Iran trade new strikes; Strait of Hormuz traffic collapses to near-standstill (only 2 tankers Thursday), threatening global oil supply and the fragile ceasefire.
CFTC blocks CME's plan for 24/7 oil futures trading, citing regulatory authority; limits hedging flexibility but does not change physical supply.