WS #14267
The US-Iran 60-day ceasefire expired without extension, Iran shifts to 'fully offensive' posture, threatening Hormuz, while Trump threatens to bomb Oman; oil prices rise and shipping through Hormuz halts. US awards $22.9B Tomahawk contract to RTX amid Iran war munitions concerns, boosting defense stocks; other contracts like Tutor Perini's $60M Coast Guard deal also noted.
US-Iran Ceasefire Expiry and Hormuz Escalation
The US-Iran 60-day ceasefire expired without extension, Iran shifts to 'fully offensive' posture, threatening Hormuz, while Trump threatens to bomb Oman; oil prices rise and shipping through Hormuz halts.
US awards $22.9B Tomahawk contract to RTX amid Iran war munitions concerns, boosting defense stocks; other contracts like Tutor Perini's $60M Coast Guard deal also noted.