WS #10518
US-Iran deal leads to reopening of Strait of Hormuz, with 172 vessels crossing and Brent crude falling to lowest since war began; US Treasury issues 60-day sanctions waiver for Iranian oil sales. Supreme Court allows ExxonMobil lawsuit over Cuban property, rejects Cisco lawsuit over Falun Gong, and rules on prison dreadlocks and green card parole cases. Russia's gasoline crunch worsens with two-thirds of regions facing fuel rationing due to drone attacks on refineries, keeping upward pressure on energy stocks.
Iran Deal and Strait of Hormuz Reopening
US-Iran deal leads to reopening of Strait of Hormuz, with 172 vessels crossing and Brent crude falling to lowest since war began; US Treasury issues 60-day sanctions waiver for Iranian oil sales.
Supreme Court allows ExxonMobil lawsuit over Cuban property, rejects Cisco lawsuit over Falun Gong, and rules on prison dreadlocks and green card parole cases.
Russia's gasoline crunch worsens with two-thirds of regions facing fuel rationing due to drone attacks on refineries, keeping upward pressure on energy stocks.