WS #13483
Iran and Oman finalized a shipping route agreement for the Strait of Hormuz, with a joint statement pending, contingent on no US obstruction; Trump says a deal could come as early as Wednesday, countering the oil-supply-crisis thesis. Houthi missile attack on a Saudi tanker and US crude inventory build (+2.479M) keep oil prices elevated near $80 Brent, while US emergency crude buffer at 45-year low adds supply risk.
US-Iran-Oman Hormuz deal progress
Iran and Oman finalized a shipping route agreement for the Strait of Hormuz, with a joint statement pending, contingent on no US obstruction; Trump says a deal could come as early as Wednesday, countering the oil-supply-crisis thesis.
Houthi missile attack on a Saudi tanker and US crude inventory build (+2.479M) keep oil prices elevated near $80 Brent, while US emergency crude buffer at 45-year low adds supply risk.