WS #12034
US launches third consecutive night of strikes on Iran; Iran retaliates by striking UAE oil tankers, killing one crew member; Trump reinstates naval blockade and announces 20% toll on Hormuz transit; oil prices surge with WTI above $80 and Brent above $86; European natural gas at three-month high.
US-Iran Conflict Escalation
US launches third consecutive night of strikes on Iran; Iran retaliates by striking UAE oil tankers, killing one crew member; Trump reinstates naval blockade and announces 20% toll on Hormuz transit; oil prices surge with WTI above $80 and Brent above $86; European natural gas at three-month high.