WS #14298
The US-Iran conflict escalates as the 60-day MOU expires, Iran threatens 'full offensive', a vessel is struck in Hormuz, and Trump threatens to bomb Oman, driving oil above $91 and pressuring global equities. Brent crude surges above $91 per barrel as Hormuz traffic remains disrupted and diplomatic efforts stall, boosting energy stocks but hurting airlines and consumer sectors.
US-Iran Conflict Escalation
The US-Iran conflict escalates as the 60-day MOU expires, Iran threatens 'full offensive', a vessel is struck in Hormuz, and Trump threatens to bomb Oman, driving oil above $91 and pressuring global equities.
Brent crude surges above $91 per barrel as Hormuz traffic remains disrupted and diplomatic efforts stall, boosting energy stocks but hurting airlines and consumer sectors.