WS #13052
Iran claims destruction of three US F-35s and vows retaliation; Israel acknowledges targeting government office in Iran; Goldman Sachs flags biggest diesel supply squeeze since 2020; Brent crude at $86.74, down 1.67% on the day but elevated. Shell Q2 profit more than doubled to $9.84B on Middle East supply shock, announces $3B share buyback, premarket stock rises.
Iran-US military escalation and oil supply shock
Iran claims destruction of three US F-35s and vows retaliation; Israel acknowledges targeting government office in Iran; Goldman Sachs flags biggest diesel supply squeeze since 2020; Brent crude at $86.74, down 1.67% on the day but elevated.
Shell Q2 profit more than doubled to $9.84B on Middle East supply shock, announces $3B share buyback, premarket stock rises.