WS #13769
Iran refuses to reopen Strait of Hormuz without US meeting sweeping demands; tanker attack and collapsed traffic escalate oil supply risk. Brent and WTI surge over $1/barrel on Hormuz uncertainty, with Brent near $85 and WTI near $80. US Senate advances Russia sanctions bill targeting major buyers of Russian oil, raising crude supply disruption risk. Houthis target Saudi Aramco facility in Jizan and Saudi-backed forces in Mocha, widening regional energy risk.
Strait of Hormuz escalation
Iran refuses to reopen Strait of Hormuz without US meeting sweeping demands; tanker attack and collapsed traffic escalate oil supply risk.
Brent and WTI surge over $1/barrel on Hormuz uncertainty, with Brent near $85 and WTI near $80.
US Senate advances Russia sanctions bill targeting major buyers of Russian oil, raising crude supply disruption risk.
Houthis target Saudi Aramco facility in Jizan and Saudi-backed forces in Mocha, widening regional energy risk.