WS #12111
US strikes Iranian military sites in Strait of Hormuz, resumes blockade; tanker traffic collapses; oil above $85; gas prices predicted to hit $4/gal; US Treasury freezes $130M in Iran-linked crypto. Ukraine expands drone campaign to Black Sea, hits 20 Russian vessels including oil tankers, adding to global oil supply disruption.
US-Iran conflict escalation
US strikes Iranian military sites in Strait of Hormuz, resumes blockade; tanker traffic collapses; oil above $85; gas prices predicted to hit $4/gal; US Treasury freezes $130M in Iran-linked crypto.
Ukraine expands drone campaign to Black Sea, hits 20 Russian vessels including oil tankers, adding to global oil supply disruption.