WS #12467
Holding: newest synthesis is 52d 8h old
US-Iran conflict escalates with ninth straight night of strikes, 17 US fatalities, Houthi maritime embargo on Saudi Arabia threatening 4.5M b/d through Bab al-Mandab, oil prices rising ~3% Sunday, Brent above $90, US gasoline above $4/gallon, but Iran signals potential negotiations and mediators propose reverting to pre-July 9 positions.
US-Iran Conflict Escalation and Oil Supply Disruption
US-Iran conflict escalates with ninth straight night of strikes, 17 US fatalities, Houthi maritime embargo on Saudi Arabia threatening 4.5M b/d through Bab al-Mandab, oil prices rising ~3% Sunday, Brent above $90, US gasoline above $4/gallon, but Iran signals potential negotiations and mediators propose reverting to pre-July 9 positions.