WS #12367
Two US service members killed in Jordan by Iranian missile/drone attack; Iran's Supreme Leader declares nuclear deal commitments invalid; oil prices surge ~5% on Strait of Hormuz blockade. WTI crude rises ~5% to $88/barrel; Brent up 4.73% to $88.21; Exxon-chartered tanker attacked by drones near Black Sea terminal; US-Iraq $60B deal includes pipeline bypassing Strait of Hormuz. US companies sign $60B in agreements with Iraq, including pipeline deals to bypass Strait of Hormuz; Chevron involved in developing alternative export routes.
US-Iran Conflict Escalation
Two US service members killed in Jordan by Iranian missile/drone attack; Iran's Supreme Leader declares nuclear deal commitments invalid; oil prices surge ~5% on Strait of Hormuz blockade.
WTI crude rises ~5% to $88/barrel; Brent up 4.73% to $88.21; Exxon-chartered tanker attacked by drones near Black Sea terminal; US-Iraq $60B deal includes pipeline bypassing Strait of Hormuz.
US companies sign $60B in agreements with Iraq, including pipeline deals to bypass Strait of Hormuz; Chevron involved in developing alternative export routes.