WS #11775
US launches fresh airstrikes on Iran, Hormuz shipping nearly halted, Brent crude spikes 6.6% to $79, but IEA forecasts first annual oil demand decline since 2020, providing a counter-signal.
US-Iran Conflict Escalation and Oil Market Impact
US launches fresh airstrikes on Iran, Hormuz shipping nearly halted, Brent crude spikes 6.6% to $79, but IEA forecasts first annual oil demand decline since 2020, providing a counter-signal.