WS #12884
US and Iran pause attacks, Brent crude falls $2.6 to $86.30/bbl; US issues sweeping 60-day Iran oil sanctions waiver, potentially unlocking 67 million barrels of stranded crude and delivering $8-9 billion to Tehran. EU agrees 21st sanctions package against Russia, freezing crude oil price cap at $44/bbl, targeting energy, financial services, crypto, and trade.
US-Iran De-escalation and Oil Price Drop
US and Iran pause attacks, Brent crude falls $2.6 to $86.30/bbl; US issues sweeping 60-day Iran oil sanctions waiver, potentially unlocking 67 million barrels of stranded crude and delivering $8-9 billion to Tehran.
EU agrees 21st sanctions package against Russia, freezing crude oil price cap at $44/bbl, targeting energy, financial services, crypto, and trade.