WS #12017
US reinstates naval blockade of Strait of Hormuz, imposes 20% transit fee, and continues airstrikes on Iran; IMO opposes fees; oil prices surge, markets react bearishly for equities and bullishly for energy.
US-Iran Conflict Escalation
US reinstates naval blockade of Strait of Hormuz, imposes 20% transit fee, and continues airstrikes on Iran; IMO opposes fees; oil prices surge, markets react bearishly for equities and bullishly for energy.