WS #13166
Iran closes Strait of Hormuz, plans missile/drone attacks on energy targets; oil prices rise ~2.7% with Brent at $89.60, supporting energy stocks and pressuring airlines. Hamas agrees to disarm under Trump plan, Board of Peace publishes roadmap; ceasefire odds on Polymarket, but conflict continues with strikes on Lebanon and Ukraine. Exxon and Chevron report massive Q2 profits (Exxon $14.53B, Chevron $12.07B) as oil prices spiked; energy sector benefits from geopolitical premium.
US-Iran conflict escalation and oil supply disruption
Iran closes Strait of Hormuz, plans missile/drone attacks on energy targets; oil prices rise ~2.7% with Brent at $89.60, supporting energy stocks and pressuring airlines.
Hamas agrees to disarm under Trump plan, Board of Peace publishes roadmap; ceasefire odds on Polymarket, but conflict continues with strikes on Lebanon and Ukraine.
Exxon and Chevron report massive Q2 profits (Exxon $14.53B, Chevron $12.07B) as oil prices spiked; energy sector benefits from geopolitical premium.