WS #13289
Trump calls off strikes claiming Hormuz deal, but Iran denies any agreement, keeping oil risk premium two-sided. Ukraine hits Saratov oil refinery and Engels airbase, adding supply risk to Russian oil exports. OPEC+ confirms 188k bpd September hike, completing rollback of voluntary cuts, adding downside pressure on oil.
US-Iran de-escalation vs. Iranian denial
Trump calls off strikes claiming Hormuz deal, but Iran denies any agreement, keeping oil risk premium two-sided.
Ukraine hits Saratov oil refinery and Engels airbase, adding supply risk to Russian oil exports.
OPEC+ confirms 188k bpd September hike, completing rollback of voluntary cuts, adding downside pressure on oil.