WS #13811
Iran reiterates strait closure until US meets all demands, Trump counters with compensation demands, oil and gas prices jump, energy stocks rally. Ukraine drone strike on TANECO refinery kills 13, oil spill near Oman, SPR below 300M barrels, but OPEC output rise and Kazakhstan rerouting partially offset supply fears.
Strait of Hormuz Closure Escalation
Iran reiterates strait closure until US meets all demands, Trump counters with compensation demands, oil and gas prices jump, energy stocks rally.
Ukraine drone strike on TANECO refinery kills 13, oil spill near Oman, SPR below 300M barrels, but OPEC output rise and Kazakhstan rerouting partially offset supply fears.