WS #13936

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Iran threatens to prolong war and strike US soil; Hormuz remains closed; oil tanker rates surge to record; UK warns of 0.3% GDP growth if blockade persists. Black Sea tanker rates hit record; IEA cuts demand forecast; US crude inventories surge 17.4M barrels; Brent above $89.

Iran-Hormuz Escalation

Iran threatens to prolong war and strike US soil; Hormuz remains closed; oil tanker rates surge to record; UK warns of 0.3% GDP growth if blockade persists.

Black Sea tanker rates hit record; IEA cuts demand forecast; US crude inventories surge 17.4M barrels; Brent above $89.

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