WS #12584
Houthis declare blockade of Saudi shipping via Bab el-Mandeb; U.S. war cost reaches $37.5B; Chevron shuts Gulf operations for Tropical Storm Bertha; oil up 2.7% to $84.68. Rocket Lab awarded $266M firm-fixed-price contract for 12 suborbital launches for U.S. government, shares up 5% after-hours.
Iran war escalation and oil supply disruption
Houthis declare blockade of Saudi shipping via Bab el-Mandeb; U.S. war cost reaches $37.5B; Chevron shuts Gulf operations for Tropical Storm Bertha; oil up 2.7% to $84.68.
Rocket Lab awarded $266M firm-fixed-price contract for 12 suborbital launches for U.S. government, shares up 5% after-hours.