WS #10201
Iran has shut down the Strait of Hormuz and suspended US negotiations after Israeli strikes on Lebanon, with France blocking US sanctions removal, causing oil supply fears. Ukrainian drones shut down Moscow oil refinery indefinitely, causing fuel shortages and 'oil rain' in Moscow, adding supply-side risk to oil markets. Israeli airstrikes killed 47 in Lebanon despite a ceasefire, escalating regional tensions and threatening the US-Iran deal.
Iran Deal Collapse / Strait of Hormuz Closure
Iran has shut down the Strait of Hormuz and suspended US negotiations after Israeli strikes on Lebanon, with France blocking US sanctions removal, causing oil supply fears.
Ukrainian drones shut down Moscow oil refinery indefinitely, causing fuel shortages and 'oil rain' in Moscow, adding supply-side risk to oil markets.
Israeli airstrikes killed 47 in Lebanon despite a ceasefire, escalating regional tensions and threatening the US-Iran deal.