WS #13376
Iran denies any talks with US while Trump claims Hormuz could reopen 'by tomorrow'; Iran warns US warships on non-Iranian routes are targets, keeping oil supply risk elevated. BP, Saudi Aramco, and HSBC report bumper profits driven by war-disrupted energy prices; BP to sell US biogas business, HSBC announces $1B buyback. Brent rebounded ~1.3% to $84.89 after Monday's 7% drop as Iran denies talks; US blockade redirected 44 ships and Lloyd's allows insurers to void coverage on ships paying Iran transit fees.
US-Iran diplomatic contradiction and Hormuz risk
Iran denies any talks with US while Trump claims Hormuz could reopen 'by tomorrow'; Iran warns US warships on non-Iranian routes are targets, keeping oil supply risk elevated.
BP, Saudi Aramco, and HSBC report bumper profits driven by war-disrupted energy prices; BP to sell US biogas business, HSBC announces $1B buyback.
Brent rebounded ~1.3% to $84.89 after Monday's 7% drop as Iran denies talks; US blockade redirected 44 ships and Lloyd's allows insurers to void coverage on ships paying Iran transit fees.