WS #12816
US pauses strikes on Iran, confirmed by NYT, NBC, AP, and Bloomberg (CPC terminal resuming Kazakh oil exports), causing WTI to drop over 4% and Brent over 3.9%, with PSX surging 3.75% and US futures recovering. Ukrainian drones strike export terminals and oil infrastructure in Rostov, Yaroslavl, and Udmurtia, killing at least 5, as Kyiv Independent and Moscow Times report ongoing attacks despite US-Iran pause. Rocket Lab awarded its largest launch contract, a $266M multi-launch deal with the US Space Force for suborbital launches, solidifying its position in defense space.
US-Iran De-escalation Drives Oil Plunge and Equity Rally
US pauses strikes on Iran, confirmed by NYT, NBC, AP, and Bloomberg (CPC terminal resuming Kazakh oil exports), causing WTI to drop over 4% and Brent over 3.9%, with PSX surging 3.75% and US futures recovering.
Ukrainian drones strike export terminals and oil infrastructure in Rostov, Yaroslavl, and Udmurtia, killing at least 5, as Kyiv Independent and Moscow Times report ongoing attacks despite US-Iran pause.
Rocket Lab awarded its largest launch contract, a $266M multi-launch deal with the US Space Force for suborbital launches, solidifying its position in defense space.