WS #13263
Trump halts strikes citing a deal, but Iran denies any Hormuz reopening agreement, keeping oil supply risk elevated. OPEC+ approves 188k bpd increase for September, completing voluntary cut unwind, but constrained by Hormuz and Russian outages.
US-Iran conflict de-escalation and Hormuz deadlock
Trump halts strikes citing a deal, but Iran denies any Hormuz reopening agreement, keeping oil supply risk elevated.
OPEC+ approves 188k bpd increase for September, completing voluntary cut unwind, but constrained by Hormuz and Russian outages.