WS #13284
Trump cancels strikes on Iran, oil falls 6%, futures rise; but Iran says Hormuz won't reopen, keeping risk premium. OPEC+ agreed to raise output by 188,000 bpd from September, adding to oil supply.
US-Iran de-escalation and oil price drop
Trump cancels strikes on Iran, oil falls 6%, futures rise; but Iran says Hormuz won't reopen, keeping risk premium.
OPEC+ agreed to raise output by 188,000 bpd from September, adding to oil supply.