WS #13552
Iranian parliament reviews bill to ban US/Israeli vessels from Hormuz, while Iran-Oman deal is only a framework requiring US concessions; oil prices surge on supply fears. Brent jumps 3.8% to $82.47, WTI +2.7% to $77.24 on Hormuz fears and Saudi tanker attacks; energy ETFs and oil majors rally.
Strait of Hormuz escalation
Iranian parliament reviews bill to ban US/Israeli vessels from Hormuz, while Iran-Oman deal is only a framework requiring US concessions; oil prices surge on supply fears.
Brent jumps 3.8% to $82.47, WTI +2.7% to $77.24 on Hormuz fears and Saudi tanker attacks; energy ETFs and oil majors rally.