WS #12263
Sixth straight night of US strikes on Iran, Strait of Hormuz throughput collapsed to 1.27% of normal, war risk insurance up 33-fold, oil and gas prices rising. BP and ConocoPhillips to announce billions in Iraq investments at US-Iraq Business Summit to reduce reliance on Hormuz routes.
US-Iran Conflict Escalation
Sixth straight night of US strikes on Iran, Strait of Hormuz throughput collapsed to 1.27% of normal, war risk insurance up 33-fold, oil and gas prices rising.
BP and ConocoPhillips to announce billions in Iraq investments at US-Iraq Business Summit to reduce reliance on Hormuz routes.