WS #12073
US launches fourth consecutive night of airstrikes on Iran; Iran strikes Kuwaiti naval vessel and uses cluster missiles in Bahrain; Strait of Hormuz blockade reinstated; Iran withdraws from MOU with US. Trump scraps proposed 20% toll on Hormuz shipping, replacing it with Gulf state investment deals, partially de-escalating the oil supply crisis.
US-Iran Conflict Escalation
US launches fourth consecutive night of airstrikes on Iran; Iran strikes Kuwaiti naval vessel and uses cluster missiles in Bahrain; Strait of Hormuz blockade reinstated; Iran withdraws from MOU with US.
Trump scraps proposed 20% toll on Hormuz shipping, replacing it with Gulf state investment deals, partially de-escalating the oil supply crisis.