WS #10908
Iran attacks Kuwait and Bahrain after US strikes; Trump threatens to end Iran's existence; Article 5 of MoU causes confrontations; Polymarket trades show elevated risk of shipping disruption. Ukraine confirms drone strikes on Slavyansk and Yaroslavl refineries, with fires and damage reported, sustaining upward pressure on oil prices.
US-Iran Strait of Hormuz Escalation
Iran attacks Kuwait and Bahrain after US strikes; Trump threatens to end Iran's existence; Article 5 of MoU causes confrontations; Polymarket trades show elevated risk of shipping disruption.
Ukraine confirms drone strikes on Slavyansk and Yaroslavl refineries, with fires and damage reported, sustaining upward pressure on oil prices.