WS #11714
US strikes 90 Iranian targets overnight, Iran retaliates with strikes on Kuwait and Bahrain; Strait of Hormuz traffic recovering to ~50% but oil prices edging higher; analysts warn crude could revisit $110 if tensions persist. Russia bans diesel exports until July 31 after Ukrainian drone attacks on refineries trigger shortages; Ukrainian drones hit Omsk refinery (10% of Russia's oil refining) and set two tankers ablaze in Sea of Azov. Byrna Technologies Q2 EPS -$0.44 misses -$0.12 estimate, revenue $16.39M misses $22.305M estimate; shares expected to fall.
US-Iran Conflict Escalation
US strikes 90 Iranian targets overnight, Iran retaliates with strikes on Kuwait and Bahrain; Strait of Hormuz traffic recovering to ~50% but oil prices edging higher; analysts warn crude could revisit $110 if tensions persist.
Russia bans diesel exports until July 31 after Ukrainian drone attacks on refineries trigger shortages; Ukrainian drones hit Omsk refinery (10% of Russia's oil refining) and set two tankers ablaze in Sea of Azov.
Byrna Technologies Q2 EPS -$0.44 misses -$0.12 estimate, revenue $16.39M misses $22.305M estimate; shares expected to fall.