WS #13274
Trump cancels strike on Iran amid deal talks to reopen Hormuz, but an LNG carrier was hit and disabled, keeping supply risks elevated. Ukrainian drone attacks hit Russian refineries and oil infrastructure, taking 30%+ refining capacity offline, supporting oil prices.
US-Iran de-escalation and Hormuz risk
Trump cancels strike on Iran amid deal talks to reopen Hormuz, but an LNG carrier was hit and disabled, keeping supply risks elevated.
Ukrainian drone attacks hit Russian refineries and oil infrastructure, taking 30%+ refining capacity offline, supporting oil prices.