WS #13629
US official reports progress between Oman and Iran on Hormuz, expects a deal soon, and will lift blockade once commercial shipping restored; Iran-Oman deal would give Iran control over inbound traffic. US Senate passes Russia sanctions bill (86-11) imposing up to 500% tariffs on Russian energy imports and targeting shadow fleet, potentially tightening global energy markets.
US-Iran Hormuz De-escalation
US official reports progress between Oman and Iran on Hormuz, expects a deal soon, and will lift blockade once commercial shipping restored; Iran-Oman deal would give Iran control over inbound traffic.
US Senate passes Russia sanctions bill (86-11) imposing up to 500% tariffs on Russian energy imports and targeting shadow fleet, potentially tightening global energy markets.