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Morning brief · Geopolitics

US Strikes Iran for Sixth Night as Oil Jumps Past $87

The US military has conducted six consecutive nights of airstrikes on Iranian infrastructure. Brent crude has jumped roughly 12% this week as geopolitical tensions raise concerns about Middle East energy supplies.

The US military has conducted six consecutive nights of airstrikes on Iranian infrastructure. Brent crude has jumped roughly 12% this week as geopolitical tensions raise concerns about Middle East energy supplies.

Latest Escalation in Middle East

The US military completed its sixth consecutive night of airstrikes targeting Iranian infrastructure. American forces struck bridges, supply routes, and port facilities including Bandar Abbas, a key shipping hub for crude exports.

Oil Markets React to Supply Threats

Brent crude oil climbed above $87 a barrel, up roughly 12% for the week. The price jump reflects investor concerns that regional instability could disrupt crude exports from the Middle East. Iran has threatened to close the Strait of Hormuz permanently if the US continues a blockade—a significant threat, since the waterway handles a large share of global oil shipments.

What Moves Next

Each night of strikes raises the risk of direct Iranian retaliation, which could trigger broader supply disruptions. Energy stocks, transportation costs, and inflation expectations are all exposed to how quickly—or slowly—tensions ease. Traders are watching for announcements from both sides on negotiations or further military action.

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The tapeRisk-off sentiment dominates; geopolitical premiums lifting energy prices while growth concerns weigh on equities.