WS #11925
Heavy US airstrikes across southern Iran and Iranian retaliation including drone strike on Kuwaiti oil platform; Strait of Hormuz contested with Iran claiming closure and CENTCOM saying open. Oil prices rise more than 2% as US-Iran strikes reduce supply through Strait of Hormuz.
US-Iran Military Escalation
Heavy US airstrikes across southern Iran and Iranian retaliation including drone strike on Kuwaiti oil platform; Strait of Hormuz contested with Iran claiming closure and CENTCOM saying open.
Oil prices rise more than 2% as US-Iran strikes reduce supply through Strait of Hormuz.