Iran closed the Strait of Hormuz amid US-Israeli strikes, disrupting 20-25% of global oil supply.

Prompting OPEC+ to hike production by ~206,000 bpd, with unconfirmed reports of oil trading at $80 per barrel.

&#128738;️ #CL #WTI

Iran closed the Strait of Hormuz amid US-Israeli strikes, disrupting 20-25% of global oil supply.

Prompting OPEC+ to hike production by ~206,000 bpd, with unconfirmed reports of oil trading at $80 per barrel.

🛢️ #CL #WTI