WS #12491
The US-Iran conflict is escalating sharply, with multiple sources reporting IRGC attacks on US facilities in Bahrain and Kuwait, ballistic missile launches from Iran toward Jordan, and a rising US military death toll (now 17). Trump has vowed Iran will 'pay'. Houthis have declared a naval blockade against Saudi Arabia, and Strait of Hormuz traffic is down 50% week-over-week. Chevron is shutting in Gulf of Mexico production and signing Iraqi oil field deals to bypass Hormuz. The Paramount-Warner Bros. merger has been blocked by a federal judge for 14 days. BlackRock is leading a $12B financing for new Meta data centers in Texas. The US Leading Index for June missed expectations (-0.2% vs -0.1% est). UK politics: Burnham's cabinet is forming, with Ed Miliband as Foreign Secretary and Shabana Mahmood at Home Office. The US-Iran narrative is ESCALATING.
Topics
Key developments
- IRGC attacks US facilities in Bahrain and Kuwait; US death toll rises to 17
- Houthis declare naval blockade against Saudi Arabia; Strait of Hormuz traffic down 50%
- Federal judge blocks Paramount's $110B Warner Bros. acquisition for 14 days
- BlackRock leads $12B financing for new Meta data centers in Texas
- US Leading Index misses expectations in June (-0.2% vs -0.1%)
- Chevron shuts in Gulf of Mexico Petronius platform, signs Iraqi oil field deals
- Trump vows Iran will 'pay' for killing US soldiers; guarantees Netanyahu no arrest during US visit