WS #12666
US-Iran conflict intensifies with 13th consecutive night of US strikes, Iran retaliating against US bases, Houthi port strikes, and Bahrain/Kuwait joining airstrikes; oil surges above $100 before settling lower. Brent crude topped $100 intraday, settles at $97.44; WTI at $89.31; Rapidan forecasts Brent around $100 through year-end; Russian Black Sea oil port halts loadings.
US-Iran Military Escalation
US-Iran conflict intensifies with 13th consecutive night of US strikes, Iran retaliating against US bases, Houthi port strikes, and Bahrain/Kuwait joining airstrikes; oil surges above $100 before settling lower.
Brent crude topped $100 intraday, settles at $97.44; WTI at $89.31; Rapidan forecasts Brent around $100 through year-end; Russian Black Sea oil port halts loadings.