WS #11962
Iran's Revolutionary Guards assert control over Strait of Hormuz, warning US interference jeopardizes global oil/gas supplies; Dubai plans new port to bypass strait; Trump proposes US control for compensation; ship traffic at lowest in a month; oil up 3.9%, energy sector up 2.1%. Putin promises more powerful and growing response to Ukraine's strikes, as per Reuters.
US-Iran Strait of Hormuz Escalation
Iran's Revolutionary Guards assert control over Strait of Hormuz, warning US interference jeopardizes global oil/gas supplies; Dubai plans new port to bypass strait; Trump proposes US control for compensation; ship traffic at lowest in a month; oil up 3.9%, energy sector up 2.1%.
Putin promises more powerful and growing response to Ukraine's strikes, as per Reuters.