WS #12202
Houthi leader threatens Saudi oil facilities; UAE drones reportedly used in strike on Iranian port; Iran attacks US targets in Jordan, Kuwait, Bahrain; oil prices edge higher above $80/barrel. EIA reports weekly natural gas storage change of +41 Bcf vs estimate of +39 Bcf and prior +61 Bcf, indicating tighter supply.
US-Iran Conflict Escalation & Oil Supply Risk
Houthi leader threatens Saudi oil facilities; UAE drones reportedly used in strike on Iranian port; Iran attacks US targets in Jordan, Kuwait, Bahrain; oil prices edge higher above $80/barrel.
EIA reports weekly natural gas storage change of +41 Bcf vs estimate of +39 Bcf and prior +61 Bcf, indicating tighter supply.