WS #13268
Iran denies Trump's claim of a deal to reopen Hormuz, but Iran-Oman talks are in final stages, keeping oil prices elevated with a bearish tilt if diplomacy progresses. OPEC+ agreed to increase production by 188,000 bpd for September, but the impact is muted due to Hormuz closure and other export disruptions.
US-Iran Conflict and Hormuz
Iran denies Trump's claim of a deal to reopen Hormuz, but Iran-Oman talks are in final stages, keeping oil prices elevated with a bearish tilt if diplomacy progresses.
OPEC+ agreed to increase production by 188,000 bpd for September, but the impact is muted due to Hormuz closure and other export disruptions.