CBA says US-Iran truce collapse refocuses markets on Strait of Hormuz oil shipping risk
XLE•Oil-market and shipping risk resurfaces
Commonwealth Bank of Australia research flagged renewed oil-market and shipping risk as a US-Iran truce collapsed.
The dispute focused on control of the Strait of Hormuz, a key energy shipping route, raising the risk of trade disruption.
Iran declared the Strait closed, resumed attacks on commercial ships using a southern route through Omani waters.
The US reimposed a blockade of Iranian ports, escalating pressure on regional supply lines.
