WS #11939
US and Iran exchange heavy strikes; Iran attacks Gulf states and declares Strait of Hormuz closed; oil prices surge over 4%. Brent crude jumps above $79/bbl, WTI above $74/bbl as Strait of Hormuz disruptions threaten global oil supply.
US-Iran Military Escalation
US and Iran exchange heavy strikes; Iran attacks Gulf states and declares Strait of Hormuz closed; oil prices surge over 4%.
Brent crude jumps above $79/bbl, WTI above $74/bbl as Strait of Hormuz disruptions threaten global oil supply.