WS #12393
US launches fresh airstrikes against Iran after Iranian missiles kill two US service members in Jordan, total US death toll rises to 16; US strikes Kharg Island oil terminal; Iran maintains control of Strait of Hormuz; EU and Gulf states urge Iran to keep Strait open. Brent crude rises to $88.10 (+4.59% weekly); gold falls despite war as oil-driven inflation fears increase probability of Fed rate hike in September to 51%.
US-Iran War Escalation
US launches fresh airstrikes against Iran after Iranian missiles kill two US service members in Jordan, total US death toll rises to 16; US strikes Kharg Island oil terminal; Iran maintains control of Strait of Hormuz; EU and Gulf states urge Iran to keep Strait open.
Brent crude rises to $88.10 (+4.59% weekly); gold falls despite war as oil-driven inflation fears increase probability of Fed rate hike in September to 51%.