WS #13033
US launches airstrikes on Iranian targets (Abadan, Qeshm Island, Fars) after foiling Iranian missile attack; explosions reported in Bushehr and Qeshm Island; Brent crude falls slightly but remains above $90; Japan cuts growth forecast due to oil prices. OPEC+ reaches preliminary agreement to lift August oil quotas modestly, contingent on US-Iran peace deal; counters oil supply crisis.
US-Iran Military Escalation
US launches airstrikes on Iranian targets (Abadan, Qeshm Island, Fars) after foiling Iranian missile attack; explosions reported in Bushehr and Qeshm Island; Brent crude falls slightly but remains above $90; Japan cuts growth forecast due to oil prices.
OPEC+ reaches preliminary agreement to lift August oil quotas modestly, contingent on US-Iran peace deal; counters oil supply crisis.