WS #13814
Iran demands US lift blockade, end sanctions, and pay reparations before reopening Hormuz; oil prices surge ~4% with Brent above $87, escalating supply concerns.
Strait of Hormuz Crisis Escalation
Iran demands US lift blockade, end sanctions, and pay reparations before reopening Hormuz; oil prices surge ~4% with Brent above $87, escalating supply concerns.