WS #12079
US warplanes bombed Iran's Kish Island port; Iran retaliated with strikes on US bases in Kuwait and Bahrain; explosions reported in multiple Iranian cities; Senate Democrats blocked NDAA over Iran war. Trump reversed his plan to impose a 20% toll on Strait of Hormuz shipping, citing investment deals with Gulf States instead, which could ease some geopolitical risk premium.
US-Iran Military Escalation
US warplanes bombed Iran's Kish Island port; Iran retaliated with strikes on US bases in Kuwait and Bahrain; explosions reported in multiple Iranian cities; Senate Democrats blocked NDAA over Iran war.
Trump reversed his plan to impose a 20% toll on Strait of Hormuz shipping, citing investment deals with Gulf States instead, which could ease some geopolitical risk premium.