WS #12165
US strikes near Ahvaz cancer hospital and disables tanker near Kharg Island; Iran threatens 'existential war'; oil above $85 Brent. Oil extends gains on Hormuz blockade fears; Trump drops 20% transit fee after Gulf intervention, partially offsetting bullish oil thesis.
US-Iran Conflict Escalation
US strikes near Ahvaz cancer hospital and disables tanker near Kharg Island; Iran threatens 'existential war'; oil above $85 Brent.
Oil extends gains on Hormuz blockade fears; Trump drops 20% transit fee after Gulf intervention, partially offsetting bullish oil thesis.