WS #13244
Iran officially denies any agreement to reopen the Strait of Hormuz, contradicting Trump's claim of a deal, keeping oil supply risk elevated. OPEC+ agrees to raise September output by 188,000 bpd, but actual supply remains constrained by Hormuz closure, limiting bearish impact on oil.
Iran denies Hormuz reopening deal
Iran officially denies any agreement to reopen the Strait of Hormuz, contradicting Trump's claim of a deal, keeping oil supply risk elevated.
OPEC+ agrees to raise September output by 188,000 bpd, but actual supply remains constrained by Hormuz closure, limiting bearish impact on oil.