WS #10842
Iranian drone hits oil tanker near Strait of Hormuz; US shoots down two drones; Pentagon accused of delaying strike announcement to manipulate oil prices. Bullish for oil, bearish for risk assets. Records smashed in Switzerland, Denmark, Czech Republic; 193 million people exposed to >35°C; Hungary's Paks nuclear plant cuts output. Bearish for energy infrastructure, bullish for cooling/energy stocks. Hezbollah chief calls agreement 'illegitimate' and rejects disarmament, raising risk of renewed conflict in Lebanon. Bearish for regional stability, bullish for defense and oil.
Iran-US military escalation in Strait of Hormuz
Iranian drone hits oil tanker near Strait of Hormuz; US shoots down two drones; Pentagon accused of delaying strike announcement to manipulate oil prices. Bullish for oil, bearish for risk assets.
Records smashed in Switzerland, Denmark, Czech Republic; 193 million people exposed to >35°C; Hungary's Paks nuclear plant cuts output. Bearish for energy infrastructure, bullish for cooling/energy stocks.
Hezbollah chief calls agreement 'illegitimate' and rejects disarmament, raising risk of renewed conflict in Lebanon. Bearish for regional stability, bullish for defense and oil.