WS #13392
Bessent and Rubio signal imminent Hormuz reopening deal, oil drops 4%, but ship attack and Iranian denials add uncertainty. Ukrainian drone strikes on Russian refineries and vessels escalate, pushing Russian refining output to 2002 lows, impacting oil supply.
US-Iran Hormuz Deal Progress
Bessent and Rubio signal imminent Hormuz reopening deal, oil drops 4%, but ship attack and Iranian denials add uncertainty.
Ukrainian drone strikes on Russian refineries and vessels escalate, pushing Russian refining output to 2002 lows, impacting oil supply.