WS #12035
US reinstates blockade, Trump proposes 20% toll on Hormuz cargo; Iran retaliates with tanker strikes and attacks on US base in Jordan; oil prices surge, Fed rate hike bets increase.
US-Iran Strait of Hormuz escalation
US reinstates blockade, Trump proposes 20% toll on Hormuz cargo; Iran retaliates with tanker strikes and attacks on US base in Jordan; oil prices surge, Fed rate hike bets increase.