WS #12691
Houthi missile attacks on Saudi oil refineries and IRGC stopping vessels in Hormuz escalate Iran conflict, with US threatening 'major military punishment' and oil prices spiking. Ukrainian drones strike Tyumen oil refinery, Lukoil platform in Caspian, and Sheskharis port (650k bpd), disrupting Russian oil exports and adding to supply concerns.
Iran Conflict Escalation
Houthi missile attacks on Saudi oil refineries and IRGC stopping vessels in Hormuz escalate Iran conflict, with US threatening 'major military punishment' and oil prices spiking.
Ukrainian drones strike Tyumen oil refinery, Lukoil platform in Caspian, and Sheskharis port (650k bpd), disrupting Russian oil exports and adding to supply concerns.