WS #13662
Iran and Oman finalize framework for Hormuz shipping deal; US expects deal soon and will lift blockade, countering oil supply fears. Ukraine launches major drone attacks on Russian oil refineries, including Yaroslavl, supporting oil prices and refining margins. Senate passes bill to penalize buyers of Russian oil with up to 100% tariffs, risking India-China trade and energy flows.
Iran-Oman Hormuz Deal Progress
Iran and Oman finalize framework for Hormuz shipping deal; US expects deal soon and will lift blockade, countering oil supply fears.
Ukraine launches major drone attacks on Russian oil refineries, including Yaroslavl, supporting oil prices and refining margins.
Senate passes bill to penalize buyers of Russian oil with up to 100% tariffs, risking India-China trade and energy flows.