WS #12651
US announces new sanctions on Iranian financier Babak Zanjani and associated firms; Iran strikes US military assets in Kuwait and Bahrain, including an Amazon data center; oil prices volatile near $100. Oil prices retreat from $100 but remain elevated; Hormuz tanker crossings at lowest since May; Kazakhstan cuts oil production after drone strikes on Black Sea tankers.
US-Iran Conflict Escalation
US announces new sanctions on Iranian financier Babak Zanjani and associated firms; Iran strikes US military assets in Kuwait and Bahrain, including an Amazon data center; oil prices volatile near $100.
Oil prices retreat from $100 but remain elevated; Hormuz tanker crossings at lowest since May; Kazakhstan cuts oil production after drone strikes on Black Sea tankers.