WS #13715
Iran issued maximalist conditions for reopening Hormuz (lift blockade, sanctions, compensation) while Iran-Oman shipping deal is 'very close'; UAE tanker struck by missile, keeping oil risk elevated. Fire at Saudi Aramco's Jazan refinery (already offline) and renewal of Iraq-Turkey pipeline pact for one year, affecting oil supply dynamics.
Strait of Hormuz: Iran conditions and Oman deal
Iran issued maximalist conditions for reopening Hormuz (lift blockade, sanctions, compensation) while Iran-Oman shipping deal is 'very close'; UAE tanker struck by missile, keeping oil risk elevated.
Fire at Saudi Aramco's Jazan refinery (already offline) and renewal of Iraq-Turkey pipeline pact for one year, affecting oil supply dynamics.