WS #12013
US launches third night of airstrikes on Iran, Trump announces Strait of Hormuz blockade and 20% cargo fee; Brent crude jumps 7.8% to $81.92; Iran attacks UAE tankers; Houthis blockade Saudi Arabia and Bab el-Mandeb.
US-Iran Conflict Escalation and Oil Supply Disruption
US launches third night of airstrikes on Iran, Trump announces Strait of Hormuz blockade and 20% cargo fee; Brent crude jumps 7.8% to $81.92; Iran attacks UAE tankers; Houthis blockade Saudi Arabia and Bab el-Mandeb.