WS #13262
Trump halts Iran strikes citing a deal, but Iran denies any Hormuz reopening agreement, keeping oil supply risk elevated. OPEC+ approves 188,000 bpd September output hike, but actual supply impact is limited by Hormuz disruptions and Russian infrastructure damage.
US-Iran de-escalation and Hormuz deadlock
Trump halts Iran strikes citing a deal, but Iran denies any Hormuz reopening agreement, keeping oil supply risk elevated.
OPEC+ approves 188,000 bpd September output hike, but actual supply impact is limited by Hormuz disruptions and Russian infrastructure damage.