WS #14349
Holding: newest synthesis is 36d 7h old
US strikes Iranian launchers on Larak Island; Iran retaliates with missile/drone attacks on US bases in Jordan, causing oil price surge and regional air traffic halts. Brent crude surges past $90, WTI above $85, with Murban crude up 4%, as Hormuz supply fears intensify following US-Iran strikes.
US-Iran military escalation
US strikes Iranian launchers on Larak Island; Iran retaliates with missile/drone attacks on US bases in Jordan, causing oil price surge and regional air traffic halts.
Brent crude surges past $90, WTI above $85, with Murban crude up 4%, as Hormuz supply fears intensify following US-Iran strikes.