WS #13650
US official says blockade will lift once Iran-Oman deal announced; oil prices fell (Brent -0.7%) despite a vessel fire near Hormuz and Iran drafting a ban on US/Israeli ships. Senate passed Lindsey Graham Sanctioning Russia and Iran Act 86-11, targeting buyers of Russian oil/gas and expanding Iran sanctions; Treasury announced 8th round of Iran sanctions. SpaceX plans $16.8B Terafab in Texas with natural gas power plants, boosting gas demand and benefiting gas suppliers.
Iran-Oman Hormuz deal imminent, oil eases
US official says blockade will lift once Iran-Oman deal announced; oil prices fell (Brent -0.7%) despite a vessel fire near Hormuz and Iran drafting a ban on US/Israeli ships.
Senate passed Lindsey Graham Sanctioning Russia and Iran Act 86-11, targeting buyers of Russian oil/gas and expanding Iran sanctions; Treasury announced 8th round of Iran sanctions.
SpaceX plans $16.8B Terafab in Texas with natural gas power plants, boosting gas demand and benefiting gas suppliers.