WS #12708
Houthi strikes on Saudi Aramco facilities in Jizan and Yanbu escalate Red Sea crisis; US pauses airstrikes on Iran for first night in two weeks, signaling potential de-escalation. Oil surges toward $100/bbl as Strait of Hormuz and Red Sea disruptions continue; Goldman Sachs warns Brent could exceed $120 in Q4; Ryanair Q1 profit falls 34% due to unhedged oil spike. Kazakh President Tokayev, speaking alongside Putin, calls for freezing the Ukraine conflict and returning to Istanbul peace formula, a rare public call from a close Russian ally.
US-Iran Conflict Escalation
Houthi strikes on Saudi Aramco facilities in Jizan and Yanbu escalate Red Sea crisis; US pauses airstrikes on Iran for first night in two weeks, signaling potential de-escalation.
Oil surges toward $100/bbl as Strait of Hormuz and Red Sea disruptions continue; Goldman Sachs warns Brent could exceed $120 in Q4; Ryanair Q1 profit falls 34% due to unhedged oil spike.
Kazakh President Tokayev, speaking alongside Putin, calls for freezing the Ukraine conflict and returning to Istanbul peace formula, a rare public call from a close Russian ally.