WS #12650
Iran struck US military assets in Kuwait and Bahrain, including an Amazon data center; US Treasury announced new sanctions on Iranian financier Babak Zanjani; IRGC warned civilians to stay away from US bases; oil prices remain elevated with Hormuz crossings at lowest since May. Oil prices retreated from $100 but remain elevated (Brent $97.70, WTI $90.26) as Hormuz tanker crossings sink to lowest since May and Houthi strikes spread beyond Hormuz.
US-Iran Conflict Escalation
Iran struck US military assets in Kuwait and Bahrain, including an Amazon data center; US Treasury announced new sanctions on Iranian financier Babak Zanjani; IRGC warned civilians to stay away from US bases; oil prices remain elevated with Hormuz crossings at lowest since May.
Oil prices retreated from $100 but remain elevated (Brent $97.70, WTI $90.26) as Hormuz tanker crossings sink to lowest since May and Houthi strikes spread beyond Hormuz.