WS #11981
Trump announces US will take control of Strait of Hormuz and charge 20% fee on cargo; Iran withdraws from MOU; Houthis threaten Bab al-Mandab closure; oil surges over 5%.
Strait of Hormuz Escalation
Trump announces US will take control of Strait of Hormuz and charge 20% fee on cargo; Iran withdraws from MOU; Houthis threaten Bab al-Mandab closure; oil surges over 5%.