WS #12325
Seventh straight night of US strikes on Iran; IRGC claims two oil tankers exploded in Strait of Hormuz after hitting mines, effectively closing the waterway; oil prices surge on supply disruption fears. Iraq signs deals with Western oil firms including Chevron to revive Syria pipeline bypassing Strait of Hormuz, initial capacity 2 million bpd.
US-Iran Conflict Escalation
Seventh straight night of US strikes on Iran; IRGC claims two oil tankers exploded in Strait of Hormuz after hitting mines, effectively closing the waterway; oil prices surge on supply disruption fears.
Iraq signs deals with Western oil firms including Chevron to revive Syria pipeline bypassing Strait of Hormuz, initial capacity 2 million bpd.