WS #11935
US launches new airstrikes on Iranian cities; Iran claims preemptive strike on US ATACMS in Kuwait; Strait of Hormuz closure persists with vessel traffic collapsing; oil prices surge (Brent >$78, WTI ~$74). Ukraine reportedly strikes Russian oil depot in Stavropol Krai, adding to energy supply disruption.
US-Iran military escalation and Strait of Hormuz closure
US launches new airstrikes on Iranian cities; Iran claims preemptive strike on US ATACMS in Kuwait; Strait of Hormuz closure persists with vessel traffic collapsing; oil prices surge (Brent >$78, WTI ~$74).
Ukraine reportedly strikes Russian oil depot in Stavropol Krai, adding to energy supply disruption.