WS #12015
US launches third night of airstrikes on Iran, reinstates naval blockade of Strait of Hormuz, and imposes 20% fee on cargo; Iran attacks UAE oil tankers; Houthis blockade Saudi Arabia; oil prices surge. Hapag-Lloyd raises full-year EBITDA guidance to $2.7B-$3.7B, citing strong demand and higher freight rates from Hormuz disruption.
US-Iran Conflict Escalation
US launches third night of airstrikes on Iran, reinstates naval blockade of Strait of Hormuz, and imposes 20% fee on cargo; Iran attacks UAE oil tankers; Houthis blockade Saudi Arabia; oil prices surge.
Hapag-Lloyd raises full-year EBITDA guidance to $2.7B-$3.7B, citing strong demand and higher freight rates from Hormuz disruption.