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96CONFLICT

US and Iran exchange direct military strikes in Persian Gulf, pushing Brent crude oil above $100/barrel

⚡ Markets: Direct military escalation creates significant supply risk for oil transiting the Strait of Hormuz. Bullish for crude oil prices and energy equities; bearish for risk assets due to inflation and geopolitical risk premium.BrentWTIXLESPX

The US military destroyed five Iranian oil tankers in response to Iranian missile attacks on a US warship. Iran retaliated with ballistic missile strikes on a US base in Jordan and claimed further attacks on US destroyers and multiple tankers in the Strait of Hormuz. The major escalation sent Brent crude prices above $100 for the first time since July.

West MSM 29Financial press 17Regional 39Non-West State 16Google West 13West Right 2Non-West Ind. 11Google Non-West 1534 countries
142 sources across the spectrum
Financial pressCoinDesk — Live updates: Brent crude hits $100 for first time since July as bitcoin trades around $79,000
RegionalIsrael Hayom — Oil Prices Hit $100 a Barrel as Middle East War Escalates
West MSMReuters — Brent crude rises above $100 a barrel as Middle East conflict intensifies
Non-West StateDaily Sabah — Iran fires at US warship as destroyed tankers deepen Hormuz crisis
Financial pressWall Street Journal — U.S. Stock Futures Steady, Treasurys Weaken After Oil Tops $100
Financial pressMarketWatch — Brent crude passes $100 threshold as war in Iran intensifies
Google WestGoogle News (Germany) — Erstmals seit Juli: Eskalation im Nahen Osten treibt Preis für Brent-Öl über 100 Dollar - n-tv.de
Financial pressFinancial Times — Oil hits $100 for first time since July
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