Trump threatened to bomb Iran's power plants unless Iran fully reopens the Strait of Hormuz, creating acute geopolitical risk. Wright's comments on Monday follow that threat and could increase the probability of disruptions to oil flows and shipping through the Strait, prompting a likely risk-off reaction and upward pressure on oil prices.
Trump threatened to bomb Iran's power plants unless Iran fully reopens the Strait of Hormuz, creating acute geopolitical risk. Wright's comments on Monday follow that threat and could increase the probability of disruptions to oil flows and shipping through the Strait, prompting a likely risk-off reaction and upward pressure on oil prices.
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