WS #13290
Trump announces new Iran talks Monday and cancels strikes, sending oil down 4-5%, but Iran denies any Hormuz deal, keeping risk two-sided. OPEC+ confirms 188k bpd September hike, completing rollback of voluntary cuts, adding structural downside to oil.
US-Iran de-escalation and oil price crash
Trump announces new Iran talks Monday and cancels strikes, sending oil down 4-5%, but Iran denies any Hormuz deal, keeping risk two-sided.
OPEC+ confirms 188k bpd September hike, completing rollback of voluntary cuts, adding structural downside to oil.