WS #13120
Iran struck US bases with drones; US/Israel considering land blockade of Iran; oil (WTI +2% to $84.31, Brent ~$92) elevated, boosting energy majors' profits. Hamas agreed to disarm as part of Trump's peace plan, contingent on Israeli withdrawal, potentially de-escalating the Gaza conflict.
US-Iran conflict escalation and oil
Iran struck US bases with drones; US/Israel considering land blockade of Iran; oil (WTI +2% to $84.31, Brent ~$92) elevated, boosting energy majors' profits.
Hamas agreed to disarm as part of Trump's peace plan, contingent on Israeli withdrawal, potentially de-escalating the Gaza conflict.