WS #13548
Iran-Oman deal on Hormuz in 'final phase' with US saying temporary routes will be toll-free, but Iran's parliament bill to ban US/Israeli vessels and impose fines up to 20% of cargo value creates uncertainty, keeping oil elevated. Reports of US running low on long-range missiles and interceptors, forcing Trump to scale back Iran strikes and deny Ukraine Patriot missiles, with Trump clashing with Hegseth; this could limit escalation and ease oil prices.
Strait of Hormuz Negotiations
Iran-Oman deal on Hormuz in 'final phase' with US saying temporary routes will be toll-free, but Iran's parliament bill to ban US/Israeli vessels and impose fines up to 20% of cargo value creates uncertainty, keeping oil elevated.
Reports of US running low on long-range missiles and interceptors, forcing Trump to scale back Iran strikes and deny Ukraine Patriot missiles, with Trump clashing with Hegseth; this could limit escalation and ease oil prices.