Oil markets shrugged it off, but the effort to hurt Iran could provoke retaliation that inflicts more damage on energy assets and the global economy.
Trump’s Latest Oil Blockade Brings Bigger Economic Risks
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Cuba, International Energy Agency, International Trade and World Market, Iran, Israel, Natural Gas, Oil (Petroleum) and Gasoline, Persian Gulf, Prices (Fares, Fees and Rates), Production, Ships and Shipping, Shortages, Strait of Hormuz, Trump, Donald J, United States, United States International Relations, United States Politics and Government, US and Israeli Attack on Iran (2026), US-Venezuela Conflict (2025- ), Venezuela