WS #13823

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Iran and US trade compensation demands, Hormuz remains closed, oil prices surge 5%, SPR hits 43-year low, escalating supply disruption. US Senate passes bill authorizing up to 100% tariffs on countries importing Russian oil, including India and China.

Strait of Hormuz Crisis Escalation

Iran and US trade compensation demands, Hormuz remains closed, oil prices surge 5%, SPR hits 43-year low, escalating supply disruption.

US Senate passes bill authorizing up to 100% tariffs on countries importing Russian oil, including India and China.

Full world state #13823