Branch2 Intelligence
Oil jumps as U.S. strikes on Iran after Tehran targeted commercial ships risk fragile Mideast truce
Key takeaway
US strikes on Iran risk Strait of Hormuz disruption, pushing Brent above $90.
- Step 1US strikes on Iran escalate Middle East tensions, threatening Strait of Hormuz shipping.
- Step 2Oil prices spike as market prices in supply disruption risk.
- Step 3UK fuel costs rise, squeezing SME margins in transport, logistics, and energy-intensive sectors.
Source: CNBC
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