WS #10837
Iran-US military confrontation escalates sharply with US airstrikes on Iranian sites, Iranian drone attacks on Bahrain, and Iran considering scrapping nuclear talks, threatening oil supply through the Strait of Hormuz. Ukraine strikes a Russian oil hub supplying Moscow for the second time this month, reinforcing bullish energy and bearish Russian asset sentiment. Norway oil service lockout takes effect, disrupting offshore drilling and adding to oil supply concerns.
Iran-US military escalation in Strait of Hormuz
Iran-US military confrontation escalates sharply with US airstrikes on Iranian sites, Iranian drone attacks on Bahrain, and Iran considering scrapping nuclear talks, threatening oil supply through the Strait of Hormuz.
Ukraine strikes a Russian oil hub supplying Moscow for the second time this month, reinforcing bullish energy and bearish Russian asset sentiment.
Norway oil service lockout takes effect, disrupting offshore drilling and adding to oil supply concerns.