WS #12572
Multiple sources confirm Strait of Hormuz near standstill, UK approves use of bases for US strikes on Iran, Trump threatens heavy strikes on Iran, Houthis threaten Red Sea shipping, Kazakhstan halts CPC terminal crude transfers, Goldman Sachs warns oil could hit $120/barrel.
Middle East Conflict Escalation - Oil Supply Risk
Multiple sources confirm Strait of Hormuz near standstill, UK approves use of bases for US strikes on Iran, Trump threatens heavy strikes on Iran, Houthis threaten Red Sea shipping, Kazakhstan halts CPC terminal crude transfers, Goldman Sachs warns oil could hit $120/barrel.