WS #13745
Iran sets maximalist conditions for reopening Strait of Hormuz, contradicting US expectations of a quick deal, sustaining oil price pressure. Houthis strike Saudi Aramco's Jazan refinery and kill 11 in Mokha port attack, escalating regional conflict and threatening oil supply.
Iran-US Strait of Hormuz escalation
Iran sets maximalist conditions for reopening Strait of Hormuz, contradicting US expectations of a quick deal, sustaining oil price pressure.
Houthis strike Saudi Aramco's Jazan refinery and kill 11 in Mokha port attack, escalating regional conflict and threatening oil supply.