WS #13973
US Navy redirects 59 ships as blockade tightens; Iran rejects US control claims; oil prices rise fifth day on supply deficit fears. Pentagon plans 10x increase in missile interceptor purchases; $745M Raytheon contract awarded; defense stocks likely to benefit.
Hormuz blockade escalation
US Navy redirects 59 ships as blockade tightens; Iran rejects US control claims; oil prices rise fifth day on supply deficit fears.
Pentagon plans 10x increase in missile interceptor purchases; $745M Raytheon contract awarded; defense stocks likely to benefit.