WS #12049
Trump's 20% toll plan on Strait of Hormuz cargo, reinstated naval blockade, and continued airstrikes on Iran drive oil prices up ~2-3%, threatening to reverse the disinflation trend from June CPI.
Strait of Hormuz escalation and oil price surge
Trump's 20% toll plan on Strait of Hormuz cargo, reinstated naval blockade, and continued airstrikes on Iran drive oil prices up ~2-3%, threatening to reverse the disinflation trend from June CPI.