WS #13632
US official confirms Iran-Oman deal on Strait of Hormuz expected soon, with US lifting blockade on Iranian ports, countering oil supply crisis. Houthi attacks in Yemen and Iranian strikes keep oil risk elevated, while US Senate passes Russia sanctions bill that could support oil prices.
Hormuz de-escalation
US official confirms Iran-Oman deal on Strait of Hormuz expected soon, with US lifting blockade on Iranian ports, countering oil supply crisis.
Houthi attacks in Yemen and Iranian strikes keep oil risk elevated, while US Senate passes Russia sanctions bill that could support oil prices.