WS #13264
Trump halts Iran strikes after MBS call, citing deal parameters, but Iran denies agreement and Hormuz remains closed, sustaining oil supply risk. OPEC+ raises September output by 188k bpd, but analysts say impact is limited due to Hormuz constraints and production capacity issues.
US-Iran de-escalation and Hormuz closure
Trump halts Iran strikes after MBS call, citing deal parameters, but Iran denies agreement and Hormuz remains closed, sustaining oil supply risk.
OPEC+ raises September output by 188k bpd, but analysts say impact is limited due to Hormuz constraints and production capacity issues.