WS #14170
Israeli airstrikes on Lebanon killed 11, and Russia launched ballistic missiles on Kyiv, sustaining geopolitical risk and oil price support. Iran and Oman reached a shipping-lane agreement for the Strait of Hormuz, potentially de-escalating oil supply risks, but full normalization depends on US prerequisites.
Middle East conflict escalation
Israeli airstrikes on Lebanon killed 11, and Russia launched ballistic missiles on Kyiv, sustaining geopolitical risk and oil price support.
Iran and Oman reached a shipping-lane agreement for the Strait of Hormuz, potentially de-escalating oil supply risks, but full normalization depends on US prerequisites.