WS #12054
Ballistic missiles hit US base in Jordan, Kuwait intercepts aerial targets, Houthis announce air blockade of Saudi Arabia, UKMTO raises maritime threat to severe. Trump scraps 20% Hormuz cargo fee, replaces with Gulf investment deals; strait open to all except Iran-bound ships, countering prior oil supply crisis.
Geopolitical escalation in Middle East
Ballistic missiles hit US base in Jordan, Kuwait intercepts aerial targets, Houthis announce air blockade of Saudi Arabia, UKMTO raises maritime threat to severe.
Trump scraps 20% Hormuz cargo fee, replaces with Gulf investment deals; strait open to all except Iran-bound ships, countering prior oil supply crisis.