WS #12990
US-Saudi strikes on Iran-backed militias in Iraq and Iranian missile attacks on US bases end the pause in fighting, pushing the region into 'uncharted territory' and driving oil prices up 16% in a week. Ukraine launched drone strikes on two of Russia's largest oil refineries (Ryazan and Perm), potentially tightening global oil supply. General Dynamics raised FY2026 EPS guidance to $16.80-$16.90 and sales guidance to $55.7B, beating estimates.
US-Iran Conflict Escalation
US-Saudi strikes on Iran-backed militias in Iraq and Iranian missile attacks on US bases end the pause in fighting, pushing the region into 'uncharted territory' and driving oil prices up 16% in a week.
Ukraine launched drone strikes on two of Russia's largest oil refineries (Ryazan and Perm), potentially tightening global oil supply.
General Dynamics raised FY2026 EPS guidance to $16.80-$16.90 and sales guidance to $55.7B, beating estimates.