WS #12975
Iran launches ballistic missiles at US forces in Jordan, US and Saudi Arabia strike Iran-backed groups in Iraq, and Houthis plan to charge tolls on commercial ships in Bab el-Mandeb, escalating geopolitical risk and boosting oil prices. Ukrainian drones strike Ryazan oil refinery and Lukoil refinery in Perm, disrupting Russian oil processing capacity and adding to supply concerns.
US-Iran Military Escalation
Iran launches ballistic missiles at US forces in Jordan, US and Saudi Arabia strike Iran-backed groups in Iraq, and Houthis plan to charge tolls on commercial ships in Bab el-Mandeb, escalating geopolitical risk and boosting oil prices.
Ukrainian drones strike Ryazan oil refinery and Lukoil refinery in Perm, disrupting Russian oil processing capacity and adding to supply concerns.