WS #11984
US reimposes naval blockade on Iran, Trump announces 20% cargo toll on Strait of Hormuz, Houthis launch missiles at Saudi Arabia, CENTCOM strikes Iranian naval facility; oil surges 4%+. Russia's crude output hits lowest in over two years due to Ukraine drone strikes; oil prices surge on Hormuz blockade.
Strait of Hormuz blockade escalation
US reimposes naval blockade on Iran, Trump announces 20% cargo toll on Strait of Hormuz, Houthis launch missiles at Saudi Arabia, CENTCOM strikes Iranian naval facility; oil surges 4%+.
Russia's crude output hits lowest in over two years due to Ukraine drone strikes; oil prices surge on Hormuz blockade.