WS #13550
Iranian bill to ban US/Israeli vessels from Hormuz and fine violators 20% of cargo value drives oil up ~3.9%, while Iran-Oman route deal faces shipping industry skepticism, keeping oil volatile.
Strait of Hormuz escalation and oil price surge
Iranian bill to ban US/Israeli vessels from Hormuz and fine violators 20% of cargo value drives oil up ~3.9%, while Iran-Oman route deal faces shipping industry skepticism, keeping oil volatile.