WS #13282
Trump halts strikes on Iran citing a potential deal to reopen Hormuz, with Iran-Oman negotiations in final stages, but Iran insists the strait won't return to pre-war status. Ukrainian drones hit Russian oil refineries, including Bashneft-UNPZ in Ufa, potentially impacting Russian oil exports and global supply. OPEC+ agreed to raise output by 188,000 bpd from September, adding to oil supply amid geopolitical tensions.
US-Iran de-escalation and Hormuz deal
Trump halts strikes on Iran citing a potential deal to reopen Hormuz, with Iran-Oman negotiations in final stages, but Iran insists the strait won't return to pre-war status.
Ukrainian drones hit Russian oil refineries, including Bashneft-UNPZ in Ufa, potentially impacting Russian oil exports and global supply.
OPEC+ agreed to raise output by 188,000 bpd from September, adding to oil supply amid geopolitical tensions.