WS #11994
Trump declares US 'Guardian of the Strait of Hormuz' with 20% cargo fee; fresh US airstrikes on Bandar Abbas, Chabahar, Konarak; Iran targets vessels in Strait; oil prices surge 8%+. Oil prices surge 8%+ on Strait of Hormuz blockade; Fed rate hike odds rise to 41% for July as inflation concerns mount.
US-Iran Conflict Escalation
Trump declares US 'Guardian of the Strait of Hormuz' with 20% cargo fee; fresh US airstrikes on Bandar Abbas, Chabahar, Konarak; Iran targets vessels in Strait; oil prices surge 8%+.
Oil prices surge 8%+ on Strait of Hormuz blockade; Fed rate hike odds rise to 41% for July as inflation concerns mount.