WS #13067
Drone strike on gas vessels near Egypt's Suez Canal, Saudi airstrikes on Sanaa, and a Russian missile entering Polish airspace escalate the US-Iran war and NATO tensions, boosting safe-haven demand for gold and pressuring oil supply routes. Brent crude fell 3.99% to $87.12, contradicting the bullish energy thesis from prior disruptions, as oil shuttling services resume in the Strait of Hormuz and demand concerns weigh.
Geopolitical escalation: US-Iran war widens, Russian missile in Poland
Drone strike on gas vessels near Egypt's Suez Canal, Saudi airstrikes on Sanaa, and a Russian missile entering Polish airspace escalate the US-Iran war and NATO tensions, boosting safe-haven demand for gold and pressuring oil supply routes.
Brent crude fell 3.99% to $87.12, contradicting the bullish energy thesis from prior disruptions, as oil shuttling services resume in the Strait of Hormuz and demand concerns weigh.