WS #12311
Seventh consecutive night of US airstrikes on multiple Iranian cities; Iran claims to have struck a US ship; Iranian drones hit Iraqi Kurdistan; conflict escalating with no ceasefire in sight. Hedge funds add bullish oil bets at fastest pace in a decade; oil prices up ~4%; ConocoPhillips signs $60B in Iraqi deals; Strait of Hormuz transit risk elevated. FAA allows Boeing to resume self-certifying 737 MAX and 787 jets starting July 20, a positive regulatory milestone.
US-Iran Military Escalation
Seventh consecutive night of US airstrikes on multiple Iranian cities; Iran claims to have struck a US ship; Iranian drones hit Iraqi Kurdistan; conflict escalating with no ceasefire in sight.
Hedge funds add bullish oil bets at fastest pace in a decade; oil prices up ~4%; ConocoPhillips signs $60B in Iraqi deals; Strait of Hormuz transit risk elevated.
FAA allows Boeing to resume self-certifying 737 MAX and 787 jets starting July 20, a positive regulatory milestone.