WS #14111
Trump's declaration of intent to claim the Strait of Hormuz as US territory, coupled with Houthi attacks on Saudi Aramco and UAE tankers, escalates supply disruption fears, pushing oil prices higher and pressuring shipping and airlines.
Middle East escalation and oil supply risk
Trump's declaration of intent to claim the Strait of Hormuz as US territory, coupled with Houthi attacks on Saudi Aramco and UAE tankers, escalates supply disruption fears, pushing oil prices higher and pressuring shipping and airlines.