WS #12531
US and Iran resume direct military strikes; IRGC claims strike on US base in Jordan; US strikes Iranian naval capabilities; tanker attacked in Strait of Hormuz; Goldman warns oil could hit $120/bbl if Strait remains blocked. Crude oil retreats from $90 on reports of ceasefire negotiations, but remains elevated; Goldman Sachs warns of $120/bbl if Strait of Hormuz stays blocked.
US-Iran Conflict Escalation
US and Iran resume direct military strikes; IRGC claims strike on US base in Jordan; US strikes Iranian naval capabilities; tanker attacked in Strait of Hormuz; Goldman warns oil could hit $120/bbl if Strait remains blocked.
Crude oil retreats from $90 on reports of ceasefire negotiations, but remains elevated; Goldman Sachs warns of $120/bbl if Strait of Hormuz stays blocked.