WS #11950
Iran closes Strait of Hormuz after US strikes 140+ targets; Brent crude jumps 4% to $79.1, WTI to $74.36; ship transits collapse to 21/day, many with transponders off. Ukraine destroys 15 Russian shadow fleet ships including 7 oil tankers, and strikes Syzran refinery causing most damaging hit yet, deepening Russia's fuel shortage.
US-Iran Strait of Hormuz Escalation
Iran closes Strait of Hormuz after US strikes 140+ targets; Brent crude jumps 4% to $79.1, WTI to $74.36; ship transits collapse to 21/day, many with transponders off.
Ukraine destroys 15 Russian shadow fleet ships including 7 oil tankers, and strikes Syzran refinery causing most damaging hit yet, deepening Russia's fuel shortage.