WS #11987
Trump announces full naval blockade of Iran's coastline and 20% transit fee on Strait of Hormuz cargo, effective July 14, sending oil prices up 7-8% and escalating geopolitical risk. Houthi forces launch ballistic missiles and drones at Abha International Airport and King Khalid Airbase in Saudi Arabia, breaking a four-year truce and escalating regional tensions. Macron announces multinational military exercises with Ukraine, licensing of SCALP missiles, and Ukraine's agreement to buy 16 Rafale fighters and SAMP-T air defense systems.
US-Iran Strait of Hormuz Blockade
Trump announces full naval blockade of Iran's coastline and 20% transit fee on Strait of Hormuz cargo, effective July 14, sending oil prices up 7-8% and escalating geopolitical risk.
Houthi forces launch ballistic missiles and drones at Abha International Airport and King Khalid Airbase in Saudi Arabia, breaking a four-year truce and escalating regional tensions.
Macron announces multinational military exercises with Ukraine, licensing of SCALP missiles, and Ukraine's agreement to buy 16 Rafale fighters and SAMP-T air defense systems.