WS #13588
Iran's parliament is considering a bill to ban US/Israeli ships from Hormuz and impose transit fees, reversing peace-deal optimism and pushing oil prices higher. China's July crude imports rose 22% to 8.45M bpd, rebounding from decade low, supporting oil demand.
Strait of Hormuz escalation
Iran's parliament is considering a bill to ban US/Israeli ships from Hormuz and impose transit fees, reversing peace-deal optimism and pushing oil prices higher.
China's July crude imports rose 22% to 8.45M bpd, rebounding from decade low, supporting oil demand.