WS #13625
Hormuz shipping traffic collapses to 10% of pre-war levels with ADNOC reporting 15 vessel attacks, but Iran-Oman consensus and Trump comments suggest de-escalation. Senate passes sweeping Russia sanctions bill targeting energy revenues, allowing tariffs up to 500% on Russian imports, with House vote delayed to September.
Iran War and Strait of Hormuz
Hormuz shipping traffic collapses to 10% of pre-war levels with ADNOC reporting 15 vessel attacks, but Iran-Oman consensus and Trump comments suggest de-escalation.
Senate passes sweeping Russia sanctions bill targeting energy revenues, allowing tariffs up to 500% on Russian imports, with House vote delayed to September.