WS #12457
Holding: newest synthesis is 52d 15h old
Ninth consecutive night of US strikes on Iran; IRGC claims strikes on US targets in Jordan and Kuwait; two oil tankers hit in Strait of Hormuz; Strait transits down >50% week-over-week; US gas prices hit $4/gallon. China's crude oil imports hit a decade low in June, falling 41.3% YoY due to Strait of Hormuz disruptions.
US-Iran Conflict Escalation
Ninth consecutive night of US strikes on Iran; IRGC claims strikes on US targets in Jordan and Kuwait; two oil tankers hit in Strait of Hormuz; Strait transits down >50% week-over-week; US gas prices hit $4/gallon.
China's crude oil imports hit a decade low in June, falling 41.3% YoY due to Strait of Hormuz disruptions.