WS #13628
US official reports progress between Oman and Iran on Strait of Hormuz, expects deal soon, and will lift blockade once shipping restored, countering bearish oil thesis. Senate passes Lindsey Graham Russia sanctions bill (86-11) with up to 500% tariffs on Russian energy and targeting shadow fleet, potentially tightening global energy markets.
US-Iran Hormuz De-escalation Progress
US official reports progress between Oman and Iran on Strait of Hormuz, expects deal soon, and will lift blockade once shipping restored, countering bearish oil thesis.
Senate passes Lindsey Graham Russia sanctions bill (86-11) with up to 500% tariffs on Russian energy and targeting shadow fleet, potentially tightening global energy markets.