WS #11726
Trump declares Iran ceasefire 'over', CENTCOM confirms strikes on ~90 Iranian targets along Strait of Hormuz; Iran retaliates against US bases in Kuwait/Bahrain; traffic through Strait declines sharply; oil prices stabilize near $77-78 Brent as markets weigh supply risks vs potential diplomacy. Weekly EIA natural gas storage injection of 61 Bcf vs 49 Bcf estimate, bullish for natural gas prices.
US-Iran Conflict Escalation
Trump declares Iran ceasefire 'over', CENTCOM confirms strikes on ~90 Iranian targets along Strait of Hormuz; Iran retaliates against US bases in Kuwait/Bahrain; traffic through Strait declines sharply; oil prices stabilize near $77-78 Brent as markets weigh supply risks vs potential diplomacy.
Weekly EIA natural gas storage injection of 61 Bcf vs 49 Bcf estimate, bullish for natural gas prices.