WS #12023
US launches third night of strikes on Iran; Trump announces 20% fee on Hormuz cargo; Iran strikes UAE tankers, kills one Indian crew member; oil prices surge. Brent crude jumps 9.5% to $83.30, WTI up 4.4% to $73.52 on Hormuz blockade fears; oil supply disruption risk drives energy sector higher.
US-Iran Conflict Escalation
US launches third night of strikes on Iran; Trump announces 20% fee on Hormuz cargo; Iran strikes UAE tankers, kills one Indian crew member; oil prices surge.
Brent crude jumps 9.5% to $83.30, WTI up 4.4% to $73.52 on Hormuz blockade fears; oil supply disruption risk drives energy sector higher.