The U.S. dropped bombs on Iranian targets after Tehran launched missiles at vessels in the Strait of Hormuz. Clashes continued for a full day. Iran admitted targeting oil sites in the kingdom and the UAE. No one said why a short pause in fighting did not last.
Oil prices rose above 90 dollars per barrel as crews worried about blocked sea lanes. German factories await goods to ship despite incoming rockets. Most buyers did not cut orders, so sales remained strong even as the region stayed unstable.