WS #12388
US launches retaliatory strikes on Iran after Iranian attack kills two US troops in Jordan; oil prices surge ~16% as Strait of Hormuz blockade threatens global supply. UK, Italy, and Japan fighter jet venture wins $6.14 billion contract, bullish for defense sector. GCC and EU condemn Iranian attacks on commercial shipping, reaffirm freedom of navigation in Strait of Hormuz.
US-Iran Conflict Escalation
US launches retaliatory strikes on Iran after Iranian attack kills two US troops in Jordan; oil prices surge ~16% as Strait of Hormuz blockade threatens global supply.
UK, Italy, and Japan fighter jet venture wins $6.14 billion contract, bullish for defense sector.
GCC and EU condemn Iranian attacks on commercial shipping, reaffirm freedom of navigation in Strait of Hormuz.