WS #12206
US missile strikes on Qeshm Island and drone attacks over Erbil escalate conflict, but oil prices remain subdued as China cuts oil purchases by 5M bpd, countering supply disruption fears.
US-Iran Conflict Escalation with Oil Market Counter-Signals
US missile strikes on Qeshm Island and drone attacks over Erbil escalate conflict, but oil prices remain subdued as China cuts oil purchases by 5M bpd, countering supply disruption fears.