WS #12626
Trump threatens to destroy Iranian infrastructure for each Hormuz attack; Iran warns of retaliation against US-linked infrastructure; war-risk insurance premiums surge 1,900%. Brent crude tops $95/bbl on Iran conflict escalation; crude inventories rise 2M barrels but geopolitical risk dominates. Houthis deploy missiles and drones near Bab el-Mandeb, preparing to attack ships, threatening alternative oil route.
US-Iran Conflict Escalation
Trump threatens to destroy Iranian infrastructure for each Hormuz attack; Iran warns of retaliation against US-linked infrastructure; war-risk insurance premiums surge 1,900%.
Brent crude tops $95/bbl on Iran conflict escalation; crude inventories rise 2M barrels but geopolitical risk dominates.
Houthis deploy missiles and drones near Bab el-Mandeb, preparing to attack ships, threatening alternative oil route.