WS #13448
US officials signal a deal to reopen the Strait of Hormuz could come today, but Iran's state TV denies any immediate reopening, creating a mixed signal for oil prices. Houthis attacked a Saudi oil tanker in the Red Sea, and Russia killed 17 in Kyiv, keeping geopolitical risk elevated despite Hormuz optimism.
Strait of Hormuz deal imminent but Iran pushes back
US officials signal a deal to reopen the Strait of Hormuz could come today, but Iran's state TV denies any immediate reopening, creating a mixed signal for oil prices.
Houthis attacked a Saudi oil tanker in the Red Sea, and Russia killed 17 in Kyiv, keeping geopolitical risk elevated despite Hormuz optimism.