WS #10790
Trump blames Iran for drone strike on cargo ship in Strait of Hormuz, calling it a ceasefire violation; China confronts Trump over reopening demands; oil prices fall sharply (WTI -3.67%, Brent -4.45%) as market prices in de-escalation. Israel and Lebanon sign a framework agreement after four days of peace talks in Washington mediated by US officials.
Strait of Hormuz escalation and oil price decline
Trump blames Iran for drone strike on cargo ship in Strait of Hormuz, calling it a ceasefire violation; China confronts Trump over reopening demands; oil prices fall sharply (WTI -3.67%, Brent -4.45%) as market prices in de-escalation.
Israel and Lebanon sign a framework agreement after four days of peace talks in Washington mediated by US officials.