WS #11710
US launched fresh cruise missile strikes on Iran, hitting a railway bridge in Golestan; Iran retaliated with missile attacks on Kuwait and Bahrain. Trump declared the ceasefire 'over' but said Iran called to make a deal. Strait of Hormuz traffic nearly halted, with only 14 commodity vessels crossing Wednesday. Russia banned diesel exports after Ukrainian drone strikes on refineries; oil prices eased after initial spike as markets reassess supply risks; Brent crude fell below $77/barrel. Goldman Sachs warns Hormuz disruptions could delay supply recovery.
US-Iran Conflict Escalation
US launched fresh cruise missile strikes on Iran, hitting a railway bridge in Golestan; Iran retaliated with missile attacks on Kuwait and Bahrain. Trump declared the ceasefire 'over' but said Iran called to make a deal. Strait of Hormuz traffic nearly halted, with only 14 commodity vessels crossing Wednesday.
Russia banned diesel exports after Ukrainian drone strikes on refineries; oil prices eased after initial spike as markets reassess supply risks; Brent crude fell below $77/barrel. Goldman Sachs warns Hormuz disruptions could delay supply recovery.