WS #14270
US-Iran ceasefire expires without extension, Iran adopts offensive posture, Trump threatens to bomb Oman, and Hormuz traffic collapses 19.5% to near-zero, driving oil prices higher. RTX wins $22.9B Tomahawk contract, while Trump scales back South Korea drills and opens talks with North Korea, signaling defense sector shifts.
Middle East Escalation and Hormuz Disruption
US-Iran ceasefire expires without extension, Iran adopts offensive posture, Trump threatens to bomb Oman, and Hormuz traffic collapses 19.5% to near-zero, driving oil prices higher.
RTX wins $22.9B Tomahawk contract, while Trump scales back South Korea drills and opens talks with North Korea, signaling defense sector shifts.