WS #13635
US to lift blockade once Iran-Oman deal announced; multiple Polymarket contracts and Seeking Alpha report indicate de-escalation, pressuring oil prices and supporting risk-on sentiment. Senate passed Lindsey Graham Russia-Iran sanctions bill (86-11) authorizing tariffs up to 100% on buyers of Russian energy, including China and India; geopolitical escalation with limited immediate US market impact. Saudi Arabia's oil exports to the US have fallen to zero barrels for the first time in years due to Iran's closure of the Strait and Yemeni attacks on Aramco, potentially tightening US crude supply.
Strait of Hormuz de-escalation
US to lift blockade once Iran-Oman deal announced; multiple Polymarket contracts and Seeking Alpha report indicate de-escalation, pressuring oil prices and supporting risk-on sentiment.
Senate passed Lindsey Graham Russia-Iran sanctions bill (86-11) authorizing tariffs up to 100% on buyers of Russian energy, including China and India; geopolitical escalation with limited immediate US market impact.
Saudi Arabia's oil exports to the US have fallen to zero barrels for the first time in years due to Iran's closure of the Strait and Yemeni attacks on Aramco, potentially tightening US crude supply.