WS #11769
US and Iran exchange intensifying fire; Strait of Hormuz shipping grinds to halt; US denies carrying out latest strikes on Iran, creating uncertainty. Ukrainian drone strikes knock out 20-40% of Russian refinery capacity; Russia's fuel crisis worsens; Putin reportedly rejects peace talks.
US-Iran Conflict Escalation
US and Iran exchange intensifying fire; Strait of Hormuz shipping grinds to halt; US denies carrying out latest strikes on Iran, creating uncertainty.
Ukrainian drone strikes knock out 20-40% of Russian refinery capacity; Russia's fuel crisis worsens; Putin reportedly rejects peace talks.