WS #13431
US officials (Bessent, Rubio) signal imminent Hormuz reopening deal, but Iran denies US involvement and insists on its own route control, creating a high-stakes divergence that could reverse the oil and equity rally. A second Qatari LNG tanker was struck in Hormuz within a month, and QatarEnergy extended force majeure to 24 cargoes through September, indicating worsening physical supply disruption despite diplomatic hopes.
Hormuz deal optimism vs Iranian denial
US officials (Bessent, Rubio) signal imminent Hormuz reopening deal, but Iran denies US involvement and insists on its own route control, creating a high-stakes divergence that could reverse the oil and equity rally.
A second Qatari LNG tanker was struck in Hormuz within a month, and QatarEnergy extended force majeure to 24 cargoes through September, indicating worsening physical supply disruption despite diplomatic hopes.