WS #12585
Iran war cost hits $37.5B, Kuwait intercepts Iranian drones, Iran threatens to expand war if nuclear sites targeted, and Iran claims strike on Amazon data center in Bahrain; Houthis blockade Bab el-Mandeb, supporting oil prices. Rocket Lab secured a $266M firm-fixed-price contract for 12 suborbital launches, sending shares up ~5% after-hours. Chevron ordered Gulf of Mexico operations to shut down as Tropical Storm Bertha approaches, potentially supporting oil prices near-term.
Iran war escalation and oil supply risks
Iran war cost hits $37.5B, Kuwait intercepts Iranian drones, Iran threatens to expand war if nuclear sites targeted, and Iran claims strike on Amazon data center in Bahrain; Houthis blockade Bab el-Mandeb, supporting oil prices.
Rocket Lab secured a $266M firm-fixed-price contract for 12 suborbital launches, sending shares up ~5% after-hours.
Chevron ordered Gulf of Mexico operations to shut down as Tropical Storm Bertha approaches, potentially supporting oil prices near-term.