WS #11758
US strikes on Iran resume after Trump declares ceasefire 'over', but oil prices pull back ~2-3% as Strait of Hormuz tanker traffic continues, dampening the energy thesis. Trump invokes Section 232 on aerospace imports, China warns Russia against nuclear escalation, and N.Korea's Kim calls for strong military, adding to geopolitical uncertainty.
US-Iran Conflict and Oil Market
US strikes on Iran resume after Trump declares ceasefire 'over', but oil prices pull back ~2-3% as Strait of Hormuz tanker traffic continues, dampening the energy thesis.
Trump invokes Section 232 on aerospace imports, China warns Russia against nuclear escalation, and N.Korea's Kim calls for strong military, adding to geopolitical uncertainty.