WS #12492
The US-Iran conflict continues to escalate, with multiple sources reporting IRGC attacks on US facilities in Bahrain and Kuwait, ballistic missile launches from Iran intercepted by 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 remains disrupted. Chevron is signing deals to bypass Hormuz via Iraqi oil fields. The Paramount-Warner Bros. merger has been blocked by a federal judge for 14 days, with Paramount vowing to defend the deal. BlackRock is leading $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: John Healey becomes Chancellor, Ed Miliband as Foreign Secretary, Shabana Mahmood at Home Office. The US-Iran narrative is ESCALATING.
Topics
Key developments
- IRGC attacks US facilities in Bahrain and Kuwait; Jordan intercepts Iranian missiles
- US military death toll rises to 17; Trump vows Iran will 'pay'
- Houthis declare naval blockade against Saudi Arabia; Strait of Hormuz traffic disrupted
- Federal judge blocks Paramount's $110B acquisition of Warner Bros. for 14 days
- BlackRock leads $12B financing for new Meta data centers in Texas
- US Leading Index for June misses expectations (-0.2% vs -0.1% est)
- Chevron signs preliminary deals to invest in Iraqi oil fields to bypass Strait of Hormuz
- Hedge funds reduce tech stock positions at record pace per Goldman Sachs