WS #13129
Iran's IRGC claims attacks on two US-escorted tankers in the Strait of Hormuz and drone strikes on a US base in Kuwait, while Ukraine struck a major Lukoil refinery in Volgograd and a Russian missile fell in Poland, pushing Brent to ~$90 and WTI to ~$85 (+1-2% today, +20%+ in July).
US-Iran escalation and oil price spike
Iran's IRGC claims attacks on two US-escorted tankers in the Strait of Hormuz and drone strikes on a US base in Kuwait, while Ukraine struck a major Lukoil refinery in Volgograd and a Russian missile fell in Poland, pushing Brent to ~$90 and WTI to ~$85 (+1-2% today, +20%+ in July).