WS #13206
US and Israel planning massive strikes on Iran's energy infrastructure, with Iran retaliating against tankers and threatening Hormuz closure, driving oil prices higher. Brent at $92.12, WTI at $84.61, Azeri Light at $100 due to Hormuz attacks and Iran threats; Iraq-Turkey pipeline deal and CPC denial provide partial offsets.
US-Iran conflict escalation
US and Israel planning massive strikes on Iran's energy infrastructure, with Iran retaliating against tankers and threatening Hormuz closure, driving oil prices higher.
Brent at $92.12, WTI at $84.61, Azeri Light at $100 due to Hormuz attacks and Iran threats; Iraq-Turkey pipeline deal and CPC denial provide partial offsets.