WS #13658
US expects Iran-Oman deal on Strait of Hormuz soon, with top general seeking off-ramp from war; oil prices likely to fall further, benefiting airlines and pressuring defense stocks. US Senate passes Russia sanctions bill (86-11) with potential 100% tariffs on Russian energy importers; Ukraine agrees not to target CPC oil infrastructure, easing supply disruption fears.
Iran-Hormuz de-escalation
US expects Iran-Oman deal on Strait of Hormuz soon, with top general seeking off-ramp from war; oil prices likely to fall further, benefiting airlines and pressuring defense stocks.
US Senate passes Russia sanctions bill (86-11) with potential 100% tariffs on Russian energy importers; Ukraine agrees not to target CPC oil infrastructure, easing supply disruption fears.