WS #13706
Iran's IRGC insists the Strait of Hormuz will only reopen after the US fully accepts its nine conditions, including $300B compensation and a 7% cargo toll, while talks with Oman progress but remain conditional. US Senate passes bill authorizing up to 100% tariffs on top buyers of Russian oil (India, China), threatening global trade flows and energy supply chains. A Ukrainian drone exploded near the Trans-Balkan gas pipeline in Bulgaria, raising concerns about European energy infrastructure security.
Strait of Hormuz crisis escalation
Iran's IRGC insists the Strait of Hormuz will only reopen after the US fully accepts its nine conditions, including $300B compensation and a 7% cargo toll, while talks with Oman progress but remain conditional.
US Senate passes bill authorizing up to 100% tariffs on top buyers of Russian oil (India, China), threatening global trade flows and energy supply chains.
A Ukrainian drone exploded near the Trans-Balkan gas pipeline in Bulgaria, raising concerns about European energy infrastructure security.