WS #12735
Multiple sources report a pause in US airstrikes on Iran, with Trump indicating diplomatic talks are ongoing, countering the previous escalation narrative. Brent crude at $98.38, up 25% in 14 days, with rising gasoline prices and inflation fears pressuring consumer stocks and the 'Trump Trade'. Houthis claim attacks on Saudi Aramco oil facilities in Jizan and Yanbu, with Saudi retaliatory strikes, escalating regional conflict and supporting oil prices.
US-Iran Conflict De-escalation
Multiple sources report a pause in US airstrikes on Iran, with Trump indicating diplomatic talks are ongoing, countering the previous escalation narrative.
Brent crude at $98.38, up 25% in 14 days, with rising gasoline prices and inflation fears pressuring consumer stocks and the 'Trump Trade'.
Houthis claim attacks on Saudi Aramco oil facilities in Jizan and Yanbu, with Saudi retaliatory strikes, escalating regional conflict and supporting oil prices.