WS #12435
Multiple sources confirm Kuwaiti air defenses intercepting Iranian drones, USS John Finn enforcing naval blockade, and Brent crude rising 3% to $90.74/barrel as US-Iran conflict intensifies. Qatar proposing a 10-day ceasefire with halt to attacks and Iranian strait access, though details remain sparse and passage uncertain. Energy Secretary Chris Wright says oil flow through Hormuz is holding at 14M barrels/day (66% of pre-conflict levels), countering worst-case supply disruption fears.
US-Iran Conflict Escalation
Multiple sources confirm Kuwaiti air defenses intercepting Iranian drones, USS John Finn enforcing naval blockade, and Brent crude rising 3% to $90.74/barrel as US-Iran conflict intensifies.
Qatar proposing a 10-day ceasefire with halt to attacks and Iranian strait access, though details remain sparse and passage uncertain.
Energy Secretary Chris Wright says oil flow through Hormuz is holding at 14M barrels/day (66% of pre-conflict levels), countering worst-case supply disruption fears.