WS #13432
US officials (Bessent, Rubio) signal imminent Hormuz reopening deal, but Iran denies US involvement and insists on its own terms, creating a high-risk divergence that could reverse the oil and equity rally. A second tanker strike in Hormuz and QatarEnergy's extended force majeure indicate worsening physical supply disruption, countering the oil-price relief trade.
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 terms, creating a high-risk divergence that could reverse the oil and equity rally.
A second tanker strike in Hormuz and QatarEnergy's extended force majeure indicate worsening physical supply disruption, countering the oil-price relief trade.