WS #10342
US and Iran begin direct peace talks in Switzerland with a 60-day roadmap, including reopening the Strait of Hormuz, countering the prior war-risk premium and bearish oil thesis. Ukrainian drones strike Tyumen oil refinery in Siberia, disrupting Russian fuel supply and causing gasoline price spikes in Moscow.
US-Iran Peace Talks De-escalation
US and Iran begin direct peace talks in Switzerland with a 60-day roadmap, including reopening the Strait of Hormuz, countering the prior war-risk premium and bearish oil thesis.
Ukrainian drones strike Tyumen oil refinery in Siberia, disrupting Russian fuel supply and causing gasoline price spikes in Moscow.