WS #12108
Iran withdraws from US MoU, asserts full Strait of Hormuz control; vessel traffic down 52%; Trump threatens expanded strikes but proposes trade deal instead of cargo fees; oil volatile. US Senate rejects advancing the National Defense Authorization Act (50-46), adding political risk.
US-Iran Conflict Escalation
Iran withdraws from US MoU, asserts full Strait of Hormuz control; vessel traffic down 52%; Trump threatens expanded strikes but proposes trade deal instead of cargo fees; oil volatile.
US Senate rejects advancing the National Defense Authorization Act (50-46), adding political risk.