US Unleashes New Attacks On Southern Iran, Oil Soars
Rare US strikes against Iran in the middle of US trading hours…
Summary
- Reports of fresh US strike wave on southern Iran, oil soars
- Bessent Says Hormuz Will Be “Worthless Piece of Water” In Two Years
- Iran offers conditional ceasefire: Pezeshkian says Iran will return to talks if the US honors prior commitments, which Tehran says it has violated.
- Tankers hit in Strait of Hormuz: Two supertankers struck exiting Hormuz, escalating energy-market risks.
- Oil prices surge: Brent crude rose above $92/barrel.
- Diesel supply squeezed: Refinery disruptions are driving diesel prices and margins sharply higher.