WS #12330
Iran launched a ballistic missile at a US base in Saudi Arabia and disabled four oil tankers in the Strait of Hormuz, while US airstrikes continue for a seventh day, marking a sharp escalation. Oil prices surged with Brent up 4.6% to $88.10 and US crude up 15% for the week as Iran's IRGC claimed to disable four oil tankers in the Strait of Hormuz, threatening a major chokepoint.
US-Iran Military Escalation
Iran launched a ballistic missile at a US base in Saudi Arabia and disabled four oil tankers in the Strait of Hormuz, while US airstrikes continue for a seventh day, marking a sharp escalation.
Oil prices surged with Brent up 4.6% to $88.10 and US crude up 15% for the week as Iran's IRGC claimed to disable four oil tankers in the Strait of Hormuz, threatening a major chokepoint.