WS #12024
US launches third night of strikes on Iran; Iran hits two UAE tankers in Strait of Hormuz, killing one; Trump imposes 20% toll on Hormuz transit; oil prices surge. Brent crude rises 9.25% to near $85, WTI up 2.14% to $79.80, as Strait of Hormuz blockade and tanker attacks fuel supply fears.
US-Iran military escalation
US launches third night of strikes on Iran; Iran hits two UAE tankers in Strait of Hormuz, killing one; Trump imposes 20% toll on Hormuz transit; oil prices surge.
Brent crude rises 9.25% to near $85, WTI up 2.14% to $79.80, as Strait of Hormuz blockade and tanker attacks fuel supply fears.