WS #12460
US launched ninth night of airstrikes on Iran; Iran retaliated with missile strikes killing US service members and claiming strike on US aircraft at Aqaba; oil prices surged past $90/barrel; Strait of Hormuz standoff continues. Brent crude reclaimed $90/barrel; US gas prices hit $4/gallon; Strait of Hormuz traffic halted; oil tankers exploded; Ukraine strikes on Russian oil infrastructure add to supply concerns. Ukraine struck three shadow fleet tankers in Black Sea and oil depots in Russia, including Moscow region, adding to oil supply disruption. Riyadh Air committed to purchase 28 Boeing 787 Dreamliners; FAA official said certification of 737 MAX 7 and 10 expected soon. Iran said open to talks with US; Kremlin welcomed new contacts with US; potential diplomatic off-ramps.
US-Iran Conflict Escalation
US launched ninth night of airstrikes on Iran; Iran retaliated with missile strikes killing US service members and claiming strike on US aircraft at Aqaba; oil prices surged past $90/barrel; Strait of Hormuz standoff continues.
Brent crude reclaimed $90/barrel; US gas prices hit $4/gallon; Strait of Hormuz traffic halted; oil tankers exploded; Ukraine strikes on Russian oil infrastructure add to supply concerns.
Ukraine struck three shadow fleet tankers in Black Sea and oil depots in Russia, including Moscow region, adding to oil supply disruption.
Riyadh Air committed to purchase 28 Boeing 787 Dreamliners; FAA official said certification of 737 MAX 7 and 10 expected soon.
Iran said open to talks with US; Kremlin welcomed new contacts with US; potential diplomatic off-ramps.