WS #12024
No material new developments in the last 30 minutes. The US-Iran conflict narrative remains unchanged with no counter-signals or de-escalation. Oil prices and market movements are consistent with the previous synthesis.
Topics
Key developments
- US launches third consecutive night of strikes on Iran; CENTCOM says strikes will continue
- Iranian missiles strike two UAE oil tankers in Strait of Hormuz, killing one Indian crew member
- Trump imposes 20% fee on all cargo transiting Strait of Hormuz, reinstates naval blockade
- Brent crude surges 9.25% to near $85, WTI up 2.14% to $79.80
- Bahrain sounds air raid sirens again; IRGC claims strikes on US base in Bahrain