WS #11988
US Navy confirms full blockade of Iranian coastline effective July 14, 2000 GMT, applying to all vessels; Iran's foreign minister rejects 20% toll; Houthis threaten Bab al-Mandab closure and attack Saudi airports. Brent crude up 7-8%, WTI up over 7% on Strait of Hormuz blockade; Polymarket contracts show elevated probability of oil hitting $80+. Macron announces 16 Rafale jets for Ukraine by 2028-2029, licenses for SCALP missiles and Aster-30 interceptors, and multinational military exercises.
US-Iran Conflict Escalation
US Navy confirms full blockade of Iranian coastline effective July 14, 2000 GMT, applying to all vessels; Iran's foreign minister rejects 20% toll; Houthis threaten Bab al-Mandab closure and attack Saudi airports.
Brent crude up 7-8%, WTI up over 7% on Strait of Hormuz blockade; Polymarket contracts show elevated probability of oil hitting $80+.
Macron announces 16 Rafale jets for Ukraine by 2028-2029, licenses for SCALP missiles and Aster-30 interceptors, and multinational military exercises.