WS #11951
US and Iran exchange fresh strikes, Iran closes Strait of Hormuz, oil prices surge 4%+, shipping disrupted, risk assets fall. Ukraine hits 15 Russian vessels including oil tankers and Syzran refinery, deepening Russia's fuel shortage and supporting oil prices.
US-Iran Escalation and Oil Surge
US and Iran exchange fresh strikes, Iran closes Strait of Hormuz, oil prices surge 4%+, shipping disrupted, risk assets fall.
Ukraine hits 15 Russian vessels including oil tankers and Syzran refinery, deepening Russia's fuel shortage and supporting oil prices.