WS #10192
US-Iran MOU is collapsing as Iran postpones Switzerland meeting, Israel continues Lebanon strikes, and Trump attacks the deal, reversing the previous ceasefire narrative and threatening oil supply normalization. Ukrainian drone strike halts operations at Moscow's Kapotnya oil refinery, adding a minor supply disruption to Russian oil processing. Iraq raises southern oilfield production by 250,000 bpd to 1.75 million bpd, a supply-side boost that partially offsets geopolitical risk from the Iran deal collapse.
US-Iran MOU Collapse
US-Iran MOU is collapsing as Iran postpones Switzerland meeting, Israel continues Lebanon strikes, and Trump attacks the deal, reversing the previous ceasefire narrative and threatening oil supply normalization.
Ukrainian drone strike halts operations at Moscow's Kapotnya oil refinery, adding a minor supply disruption to Russian oil processing.
Iraq raises southern oilfield production by 250,000 bpd to 1.75 million bpd, a supply-side boost that partially offsets geopolitical risk from the Iran deal collapse.