WS #14344

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US strikes on Iranian rocket launchers at Larak Island and Iranian missile attacks on Jordan and US vessels in the Strait of Hormuz mark a sharp escalation, driving Brent crude above $90 and pressuring risk assets. Treasury plans new bank sanctions on Iran and Trump announces a Venezuela oil deal to refill US reserves, potentially easing oil supply concerns but adding geopolitical complexity.

US-Iran military escalation in Strait of Hormuz

US strikes on Iranian rocket launchers at Larak Island and Iranian missile attacks on Jordan and US vessels in the Strait of Hormuz mark a sharp escalation, driving Brent crude above $90 and pressuring risk assets.

Treasury plans new bank sanctions on Iran and Trump announces a Venezuela oil deal to refill US reserves, potentially easing oil supply concerns but adding geopolitical complexity.

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