WS #14356

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US strikes on Iranian launchers at Larak Island and Iran's missile/drone retaliation against US bases in Jordan and UAE escalate conflict, pushing Brent above $90 and WTI near $85. US claims control of 65 billion barrels of Venezuelan reserves to refill SPR, but analysts skeptical of near-term supply relief.

US-Iran military escalation in Strait of Hormuz

US strikes on Iranian launchers at Larak Island and Iran's missile/drone retaliation against US bases in Jordan and UAE escalate conflict, pushing Brent above $90 and WTI near $85.

US claims control of 65 billion barrels of Venezuelan reserves to refill SPR, but analysts skeptical of near-term supply relief.

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