WS #14106
Trump's threat to declare Strait of Hormuz US territory, ADNOC vessel attack, Iran's rejection, and Canada's sanctions escalate geopolitical risk, supporting higher oil prices and pressuring airlines/shipping.
Hormuz Escalation and Oil Supply Risk
Trump's threat to declare Strait of Hormuz US territory, ADNOC vessel attack, Iran's rejection, and Canada's sanctions escalate geopolitical risk, supporting higher oil prices and pressuring airlines/shipping.