WS #12753
Multiple sources confirm US pause in airstrikes and Iran's conditional halt, with Vance and Caine cautioning Trump against escalation, countering the previous escalation thesis and potentially easing oil supply fears. Houthi attacks on Saudi ARAMCO refinery in Jazan and a tanker mine strike in the Strait of Hormuz confirm continued disruption to oil infrastructure and shipping, keeping oil supply risk elevated.
Iran War De-escalation Signals
Multiple sources confirm US pause in airstrikes and Iran's conditional halt, with Vance and Caine cautioning Trump against escalation, countering the previous escalation thesis and potentially easing oil supply fears.
Houthi attacks on Saudi ARAMCO refinery in Jazan and a tanker mine strike in the Strait of Hormuz confirm continued disruption to oil infrastructure and shipping, keeping oil supply risk elevated.