WS #12916
Crude oil down over 5% as US and Iran refrain from attacks, Iran-Oman-Saudi talks on Strait of Hormuz raise hopes of restored shipping flows, countering supply disruption fears. White House confirms positive meetings with Zelenskyy and Netanyahu; bipartisan US Senate deal on sanctions targeting Russia and Iran reached, giving Trump tariff authority on Russian oil buyers.
US-Iran De-escalation and Oil Plunge
Crude oil down over 5% as US and Iran refrain from attacks, Iran-Oman-Saudi talks on Strait of Hormuz raise hopes of restored shipping flows, countering supply disruption fears.
White House confirms positive meetings with Zelenskyy and Netanyahu; bipartisan US Senate deal on sanctions targeting Russia and Iran reached, giving Trump tariff authority on Russian oil buyers.