The US conducted a second consecutive day of strikes against Iran, hitting about 90 targets aimed at degrading Iran’s ability to attack commercial shipping in the Strait of Hormuz. This escalatory geopolitical development raises near-term shipping and energy-risk premia, with likely knock-on effects for regional trade flows and oil-related pricing.
The US conducted a second consecutive day of strikes against Iran, hitting about 90 targets aimed at degrading Iran’s ability to attack commercial shipping in the Strait of Hormuz. This escalatory geopolitical development raises near-term shipping and energy-risk premia, with likely knock-on effects for regional trade flows and oil-related pricing.
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