US Senator Cruz on Iran, says we are likely to see limited strikes in a matter of days and we will not see ground forces on the ground, according to Asharq News
Senator Cruz's comments suggest a likely escalation of US military action against Iran, which raises concerns about regional stability and potential impacts on oil supply.
Transneft has reportedly cut crude oil intake by 250k BPD after Monday's attack on a major pumping station, according to reports
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US Senator Cruz on Iran, says we are likely to see limited strikes in a matter of days and we will not see ground forces on the ground, according to Asharq News
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The mention of limited strikes without ground forces indicates a constrained military approach, but could still lead to volatility in energy markets, particularly for WTI and broader commodities as traders price in geopolitical risks.
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