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All eyes are on the war in Iran, and many Americans are wondering what will happen next?

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Stocks sink amid $100/bbl Brent as geopolitical tensions boil - Newsquawk US Market Wrap

Stocks sink amid $100/bbl Brent as geopolitical tensions boil - Newsquawk US Market Wrap
New Iranian Supreme Leader says Strait of Hormuz should remain closed, calls for US bases in the region to be attacked; Fuel tankers struck in the Gulf; Trump stands ground on stopping "evil Empire, Iran"; Trump admin is reportedly set to suspend the Jones Act to curb oil price increases; Iran Deputy FM reportedly says we're not laying mines in Hormuz Strait; US is to release 172mln barrels of crude from strategic petroleum reserve; Iran says it gives permission for Indian oil tankers to pass through the Strait of Hormuz; US Initial Jobless Claims unchanged W/W, Continued Claims rise; USTR Greer says US is initiating Section 301 investigation into 16 trading partners.

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