Crude tumbles 6% as markets weigh Iranian reaction to US strikes

Iran fired missiles toward US military base in Qatar, with attention focused on risks to Strait of Hormuz

A map showing the Strait of Hormuz and Iran is seen behind a 3D printed miniature of US President Donald Trump in this illustration taken 22 June 2025. — A map showing the Strait of Hormuz and Iran is seen behind a 3D printed miniature of US President Donald Trump in this illustration taken 22 June 2025.Photo: REUTERS/SCANPIX

London

Published 23 June 2025, 11:02Updated 23 June 2025, 18:25

Israel-Iran Conflict Middle East