WS #13692
Iran issues six demands to US for reopening Strait of Hormuz, while striking a 16th tanker (ADNOC), keeping oil supply risk elevated. UAE achieves record crude exports (~3.7M bpd) despite Hormuz blockade via pipelines and covert transfers, partially offsetting supply fears. US Senate passes bill allowing up to 100% tariffs on countries importing Russian energy, targeting India, China, Brazil.
Hormuz Crisis Escalation
Iran issues six demands to US for reopening Strait of Hormuz, while striking a 16th tanker (ADNOC), keeping oil supply risk elevated.
UAE achieves record crude exports (~3.7M bpd) despite Hormuz blockade via pipelines and covert transfers, partially offsetting supply fears.
US Senate passes bill allowing up to 100% tariffs on countries importing Russian energy, targeting India, China, Brazil.