WS #13681
Iran missile-struck an ADNOC tanker in the Strait of Hormuz and issued sweeping preconditions for reopening, escalating the oil-supply risk. VP Vance says Iran promised maximum oil flow and no tolls, and Iran-Oman talks are 'very close' on a temporary route, offering a partial counter to the blockade. Eight oil majors reported ~$93B in Q2 profits, nearly double YoY, driven by the Iran war, and all 12 S&P 500 energy stocks beat EPS.
Iran attacks ADNOC tanker, Hormuz demands escalate
Iran missile-struck an ADNOC tanker in the Strait of Hormuz and issued sweeping preconditions for reopening, escalating the oil-supply risk.
VP Vance says Iran promised maximum oil flow and no tolls, and Iran-Oman talks are 'very close' on a temporary route, offering a partial counter to the blockade.
Eight oil majors reported ~$93B in Q2 profits, nearly double YoY, driven by the Iran war, and all 12 S&P 500 energy stocks beat EPS.