WS #13556
Holding: newest synthesis is 95d 8h old
Explosions on Iran's Qeshm Island and Iran's proposal to bar US/Israeli ships from Hormuz, coupled with a 5% Brent spike, signal escalation of the oil chokepoint conflict, though EIA data shows prior ceasefires had brought prices down.
Strait of Hormuz escalation
Explosions on Iran's Qeshm Island and Iran's proposal to bar US/Israeli ships from Hormuz, coupled with a 5% Brent spike, signal escalation of the oil chokepoint conflict, though EIA data shows prior ceasefires had brought prices down.