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95CONFLICT

US and Iran exchange direct military strikes targeting bases and shipping; Iran attacks US allies in the Gulf

⚡ Markets: Heightened geopolitical risk premium on oil and LNG prices. Increased shipping insurance rates and potential for severe supply disruption through the Strait of Hormuz.BrentWTILNGshipping stocks

The US and Iran have engaged in a new round of direct military strikes, with Iran targeting US bases in Kuwait and the UAE, while the US conducted strikes inside Iran. The conflict has severely disrupted shipping in the Strait of Hormuz, caused a spike in global energy prices, and heightened regional instability.

West MSM 7Financial press 8Non-West State 7Regional 36Non-West Ind. 14Google West 3West Right 3Google Non-West 10West Left 122 countries
89 sources across the spectrum
Financial pressOilPrice — Hormuz Traffic Craters to Four Ships as Iran-U.S. Strikes Escalate
Financial pressOilPrice — Asian LNG Prices Surge to Highest Since 2022 as Iran War Escalates
Financial pressThe Economist — World in Brief: America and Iran exchange blows; global bond sell-off continues
Financial pressBloomberg — Base Metals Gain Ground as Trump Says Iran Attacks Will Be Brief
Non-West StateTASS — Middle East’s biggest shipping hub at risk amid Hormuz blockade — FT
Financial pressWall Street Journal — Oil Prices Slip Despite Rising Risks From Prolonged U.S.-Iran War
RegionalArab News — Oil prices extend gains as US and Iran trade fresh strikes
Financial pressWall Street Journal — Stocks Rise As Middle East Tensions Fray
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