WS #11633
US launches strikes on 80+ Iranian targets and revokes oil sales license after tanker attacks; Iran retaliates with strikes on US sites in Bahrain and Kuwait, breaking fragile ceasefire and sending oil prices above $76/barrel. Brent crude jumps 2.6% to $76.08/barrel, WTI up 2.6% to $72.26, as US-Iran hostilities threaten Strait of Hormuz shipping and supply.
US-Iran Conflict Escalation
US launches strikes on 80+ Iranian targets and revokes oil sales license after tanker attacks; Iran retaliates with strikes on US sites in Bahrain and Kuwait, breaking fragile ceasefire and sending oil prices above $76/barrel.
Brent crude jumps 2.6% to $76.08/barrel, WTI up 2.6% to $72.26, as US-Iran hostilities threaten Strait of Hormuz shipping and supply.