S&P 500 ▼ 7,386.65 (Fri) · Brent ▲ $94.73 · Gold ▼ $4,103.70 · VIX ▲ 22.2 · 10Y UST ▲ 4.54%
Washington struck Iranian ports for a second consecutive day on Wednesday 10 June. Hours later, Iran fired on US bases in Bahrain, Kuwait and Jordan, ordered the Strait of Hormuz closed, and hit two oil tankers. The ceasefire is now legal fiction.
Some oil still sn…