WS #13273
Trump cancels strike on Iran pending a deal to reopen Hormuz; Iran-Oman talks in final stages; but an LNG carrier was hit and disabled, and Rubio pushes for alternative routes, keeping oil supply risk elevated. Ukrainian drone strikes hit Russian oil refineries and a Wildberries warehouse, taking 30%+ refining capacity offline, worsening Russia's fuel crisis and supporting oil prices.
US-Iran de-escalation and Strait of Hormuz
Trump cancels strike on Iran pending a deal to reopen Hormuz; Iran-Oman talks in final stages; but an LNG carrier was hit and disabled, and Rubio pushes for alternative routes, keeping oil supply risk elevated.
Ukrainian drone strikes hit Russian oil refineries and a Wildberries warehouse, taking 30%+ refining capacity offline, worsening Russia's fuel crisis and supporting oil prices.