WS #13373
Merchant vessel hit by unidentified projectile near Oman in Strait of Hormuz (third consecutive day), Iran denies US talks but negotiates Oman corridor, keeping oil risk premium elevated. Trump publicly criticizes ExxonMobil and Chevron for excessive profits and demands lower gasoline prices, a break from pro-oil stance that could pressure these stocks.
US-Iran conflict escalation and Hormuz shipping attacks
Merchant vessel hit by unidentified projectile near Oman in Strait of Hormuz (third consecutive day), Iran denies US talks but negotiates Oman corridor, keeping oil risk premium elevated.
Trump publicly criticizes ExxonMobil and Chevron for excessive profits and demands lower gasoline prices, a break from pro-oil stance that could pressure these stocks.