Iran Attacks Ship in Hormuz, Toyota's $3.6B Texas Bet, & Q2 Trucking Earnings Rise | The Morning Minute
In this episode, we kick things off with a major escalation in the Middle East that's sending shockwaves through global energy markets and ocean shipping. Iran on Saturday attacked a feeder container ship transiting the Strait of Hormuz, setting the seven-thousand-TEU GFS Galaxy ablaze and forcing the crew to abandon ship. Iran over the weekend declared the strait closed to vessel traffic and expanded missile and drone attacks across the region, pushing Brent crude up about twelve percent, European natural gas up nearly seventy percent, and U.S. gasoline futures up roughly ten percent since…
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