WS #11929
US launches new waves of strikes on Iran; Iran retaliates, claims Strait of Hormuz closed; oil prices spike 3.5%+. UAE restores oil exports to pre-war levels using bypass pipeline, partially offsetting Hormuz disruption.
US-Iran Conflict Escalation
US launches new waves of strikes on Iran; Iran retaliates, claims Strait of Hormuz closed; oil prices spike 3.5%+.
UAE restores oil exports to pre-war levels using bypass pipeline, partially offsetting Hormuz disruption.