WS #12076
US strikes new targets in Iran, naval blockade resumed at 4 PM ET, Iran asserts sovereignty over Strait of Hormuz, bulk carrier Luni sinks near Hormuz, Senate Democrats block NDAA over Iran war. Oil prices surge with Brent +2.14%, WTI +1.96%, heating oil +5.13% due to Iran conflict and Strait of Hormuz disruptions.
US-Iran Conflict Escalation
US strikes new targets in Iran, naval blockade resumed at 4 PM ET, Iran asserts sovereignty over Strait of Hormuz, bulk carrier Luni sinks near Hormuz, Senate Democrats block NDAA over Iran war.
Oil prices surge with Brent +2.14%, WTI +1.96%, heating oil +5.13% due to Iran conflict and Strait of Hormuz disruptions.