WS #13495
US-Iran Hormuz deal talks in 'final' stages with Kalshi odds at 27%, while Houthis claim missile strike on Saudi oil vessel, keeping oil supply risk elevated. Transocean beat Q2 estimates and reported $292M incremental backlog plus $1B Equinor agreement, while Valaris also reported results, signaling strength in offshore drilling.
Geopolitical oil risk
US-Iran Hormuz deal talks in 'final' stages with Kalshi odds at 27%, while Houthis claim missile strike on Saudi oil vessel, keeping oil supply risk elevated.
Transocean beat Q2 estimates and reported $292M incremental backlog plus $1B Equinor agreement, while Valaris also reported results, signaling strength in offshore drilling.