WS #12164
US strikes near Iranian cancer hospital and on tanker to Kharg Island escalate conflict, oil extends gains, but Trump drops Hormuz transit fee as counter-signal. Wheat futures surge on Russia-Ukraine war; oil extends 3-day gain on Iran strikes; Trump drops Hormuz fee, partially offsetting oil bullishness.
US-Iran Conflict Escalation
US strikes near Iranian cancer hospital and on tanker to Kharg Island escalate conflict, oil extends gains, but Trump drops Hormuz transit fee as counter-signal.
Wheat futures surge on Russia-Ukraine war; oil extends 3-day gain on Iran strikes; Trump drops Hormuz fee, partially offsetting oil bullishness.