WS #13160
US and Israel preparing to strike Iranian energy infrastructure as early as this weekend, with Trump ordering a fresh attack aimed at forcing surrender, escalating oil supply risk through Strait of Hormuz. Brent and WTI post biggest monthly gains since March (Brent +24%, WTI +21%), with Shell beating earnings estimates and hedge funds adding bullish oil bets at fastest pace since March.
US-Iran Conflict Escalation
US and Israel preparing to strike Iranian energy infrastructure as early as this weekend, with Trump ordering a fresh attack aimed at forcing surrender, escalating oil supply risk through Strait of Hormuz.
Brent and WTI post biggest monthly gains since March (Brent +24%, WTI +21%), with Shell beating earnings estimates and hedge funds adding bullish oil bets at fastest pace since March.