WS #13235
Trump cancels Iran attack, citing agreed deal perimeters including Hormuz reopening and nuclear threat end; multiple sources corroborate, signaling oil price downside and risk-on sentiment. Russian missile strikes kill at least 10 in Kyiv, Ukraine drones Russian oil refineries and tankers, and Moscow explosion reported, escalating conflict and adding oil supply risk. OPEC+ expected to raise output by 188k bpd in September, potentially offsetting supply disruptions and pressuring oil prices.
US-Iran de-escalation
Trump cancels Iran attack, citing agreed deal perimeters including Hormuz reopening and nuclear threat end; multiple sources corroborate, signaling oil price downside and risk-on sentiment.
Russian missile strikes kill at least 10 in Kyiv, Ukraine drones Russian oil refineries and tankers, and Moscow explosion reported, escalating conflict and adding oil supply risk.
OPEC+ expected to raise output by 188k bpd in September, potentially offsetting supply disruptions and pressuring oil prices.