WS #13697
Iran issues hardline conditions for reopening Hormuz (lift blockade, end sanctions, pay reparations) while UAE ship attacked; oil prices elevated, energy/shipping risk premium persists. Ukrainian drones strike two Rosneft refineries (Syzran, Ilsky) and a drone explodes near Bulgaria's Trans-Balkan pipeline, adding supply-side risk to energy markets.
Strait of Hormuz Escalation
Iran issues hardline conditions for reopening Hormuz (lift blockade, end sanctions, pay reparations) while UAE ship attacked; oil prices elevated, energy/shipping risk premium persists.
Ukrainian drones strike two Rosneft refineries (Syzran, Ilsky) and a drone explodes near Bulgaria's Trans-Balkan pipeline, adding supply-side risk to energy markets.