WS #12635
Trump threatens to destroy Iranian infrastructure in tit-for-tat escalation; Iran threatens US regional assets; Hegseth requests $70B more for war; 18 US servicemembers killed. Houthi maritime embargo expands with four more tankers reversing course in Red Sea; oil prices surge (WTI +3.11%, Brent +3.36%); LNG supply crisis pushes buyers toward coal and oil. Trump administration supports nuclear energy pact with Saudi Arabia that would permit uranium enrichment.
US-Iran Conflict Escalation
Trump threatens to destroy Iranian infrastructure in tit-for-tat escalation; Iran threatens US regional assets; Hegseth requests $70B more for war; 18 US servicemembers killed.
Houthi maritime embargo expands with four more tankers reversing course in Red Sea; oil prices surge (WTI +3.11%, Brent +3.36%); LNG supply crisis pushes buyers toward coal and oil.
Trump administration supports nuclear energy pact with Saudi Arabia that would permit uranium enrichment.