WS #14142
Multiple sources confirm continued attacks on shipping in the Strait of Hormuz, including a third ADNOC tanker strike, with Brent up ~6% on the week and Wall Street closing lower on oil concerns. Trump threatens to declare Hormuz US territory and vows to cripple Iran's economy, while Iran claims victory and challenges the threat, keeping geopolitical risk elevated.
Hormuz Shipping Attacks Escalate
Multiple sources confirm continued attacks on shipping in the Strait of Hormuz, including a third ADNOC tanker strike, with Brent up ~6% on the week and Wall Street closing lower on oil concerns.
Trump threatens to declare Hormuz US territory and vows to cripple Iran's economy, while Iran claims victory and challenges the threat, keeping geopolitical risk elevated.