WS #13266
Trump halts strikes on Iran citing a deal to reopen Hormuz, but Iran denies any agreement, keeping oil supply risks elevated. OPEC+ approves 188k bpd September increase, but Hormuz closure limits actual exports, keeping oil prices supported. Ukraine drones hit three Russian refineries and briefly cut power to Zaporizhzhia nuclear plant, escalating energy infrastructure risk.
US-Iran conflict de-escalation and Hormuz uncertainty
Trump halts strikes on Iran citing a deal to reopen Hormuz, but Iran denies any agreement, keeping oil supply risks elevated.
OPEC+ approves 188k bpd September increase, but Hormuz closure limits actual exports, keeping oil prices supported.
Ukraine drones hit three Russian refineries and briefly cut power to Zaporizhzhia nuclear plant, escalating energy infrastructure risk.