Escalating Iran-Trump nuclear threats and tanker attacks signal rising geopolitical risk.
Context
What happened: Iran state media reported a thermal anomaly near an oil pipeline in Saudi Arabia's Yanbu region, and Iran's navy said an oil tanker caught fire after trying to cross a restricted area in the Strait of Hormuz. Ukraine struck Russia's Ryazan refinery.
Key numbers: US crude futures rose over $2 to cross $100 per bbl.
Why it matters: Oil prices extended gains on Middle East supply concerns and the Russian refinery outage. Zelensky ended Kyiv's pause on refinery strikes, and Trump discussed the non-nuclear MOAB while saying the Iran war would end soon.
Coverage: 6 outlets in 24h