WS #12004
Third consecutive night of US strikes on Iran, Iranian attacks on US facilities in Kuwait, Trump imposes 20% toll on Strait of Hormuz transit, oil surges ~10%. Brent crude above $83, WTI above $78, up ~9-10% on Strait of Hormuz blockade and 20% US toll.
US-Iran War Escalation
Third consecutive night of US strikes on Iran, Iranian attacks on US facilities in Kuwait, Trump imposes 20% toll on Strait of Hormuz transit, oil surges ~10%.
Brent crude above $83, WTI above $78, up ~9-10% on Strait of Hormuz blockade and 20% US toll.