WS #12084
US and Iran exchange airstrikes and drone attacks, with US resuming naval blockade in Strait of Hormuz; oil prices jump to one-month high. Trump drops proposed 20% Hormuz transit fee, replaces with Gulf investment deals, partially offsetting oil supply disruption fears.
US-Iran Conflict Escalation
US and Iran exchange airstrikes and drone attacks, with US resuming naval blockade in Strait of Hormuz; oil prices jump to one-month high.
Trump drops proposed 20% Hormuz transit fee, replaces with Gulf investment deals, partially offsetting oil supply disruption fears.