WS #12126
US reimposes naval blockade on Iran, Iran strikes Kuwait oil facility, Strait of Hormuz shipping off-limits; oil prices elevated but EIA data in line. Ukraine expands drone campaign to Black Sea, hits 20 Russian vessels including oil tankers, adding to oil supply concerns.
US-Iran Conflict / Oil
US reimposes naval blockade on Iran, Iran strikes Kuwait oil facility, Strait of Hormuz shipping off-limits; oil prices elevated but EIA data in line.
Ukraine expands drone campaign to Black Sea, hits 20 Russian vessels including oil tankers, adding to oil supply concerns.