Daily Market Report
➢ The US launched fresh strikes on multiple targets in Iran after Trump vowed to “hit them hard,” marking a major direct military escalation.
➢ Iran’s IRGC shut the Strait of Hormuz to all vessels, cutting off a critical global oil route that carries over 100 million barrels daily.
➢ Oil surges to near $91.00 as US strikes on Iran continue, with the Hormuz closure threatening severe global supply disruptions.
➢ Iran launched a fresh missile barrage targeting Jordan, Kuwait, and Bahrain, widening the conflict across the region.
➢ Israel’s Home Front Command issued fresh warnings after new attacks from Lebanon, signalling the northern front remains active.
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