WS #13842
Trump claims 100% control of Hormuz, demands reparations, keeps military option open; Iran parliament approves bill barring US/Israeli ships; oil prices rise for fourth day. Brent near $87.81, WTI $82.20; US SPR falls to 298.7M barrels, lowest since 1983; IEA release nearly exhausted, keeping oil elevated.
US-Iran Hormuz Conflict Escalation
Trump claims 100% control of Hormuz, demands reparations, keeps military option open; Iran parliament approves bill barring US/Israeli ships; oil prices rise for fourth day.
Brent near $87.81, WTI $82.20; US SPR falls to 298.7M barrels, lowest since 1983; IEA release nearly exhausted, keeping oil elevated.