WS #11914
US launched new strikes on Iran, hitting 140 targets; Iran retaliated against Kuwait, Qatar, Jordan, Oman; Iran claims Hormuz closed, US says open; oil supply disruption risk high. Senator Lindsey Graham died suddenly at 71; he was a key advocate for Russia sanctions bill; his death may delay or alter the bill's passage. Oil prices dropped over 1% as OPEC+ agreed to boost output and Hormuz traffic recovers, but renewed US-Iran conflict could reverse the decline.
US-Iran Conflict Escalation
US launched new strikes on Iran, hitting 140 targets; Iran retaliated against Kuwait, Qatar, Jordan, Oman; Iran claims Hormuz closed, US says open; oil supply disruption risk high.
Senator Lindsey Graham died suddenly at 71; he was a key advocate for Russia sanctions bill; his death may delay or alter the bill's passage.
Oil prices dropped over 1% as OPEC+ agreed to boost output and Hormuz traffic recovers, but renewed US-Iran conflict could reverse the decline.