WS #13882
CENTCOM fired Hellfire missiles at a vessel running the blockade, IRGC threatened global infrastructure, and Trump demanded reparations, escalating the conflict and driving oil prices higher. Brent spiked above $90 intraday on Hormuz fears before settling near $88, with WTI up ~1.3%, reflecting high volatility and inflation risk.
US-Iran/Hormuz Escalation
CENTCOM fired Hellfire missiles at a vessel running the blockade, IRGC threatened global infrastructure, and Trump demanded reparations, escalating the conflict and driving oil prices higher.
Brent spiked above $90 intraday on Hormuz fears before settling near $88, with WTI up ~1.3%, reflecting high volatility and inflation risk.