WS #14165
Trump's declaration to make Hormuz a US territory, Iran's rejection, new ship attacks, and SPR depletion to 40-year low escalate the conflict, supporting oil prices and pressuring airlines.
US-Iran Hormuz Escalation
Trump's declaration to make Hormuz a US territory, Iran's rejection, new ship attacks, and SPR depletion to 40-year low escalate the conflict, supporting oil prices and pressuring airlines.