WS #13716
Iran and Oman are close to a shipping protocol deal, but Iran's maximalist conditions (US compensation, sanctions lift) prevent full reopening; UAE tanker hit by Iranian missile keeps oil risk elevated. US Senate passed 86-11 the Lindsey Graham Sanctioning Russia and Iran Act, allowing 100% tariffs on top importers of Russian oil/gas (China, India, Azerbaijan, Hungary, Slovakia).
Strait of Hormuz crisis and Iran-Oman deal
Iran and Oman are close to a shipping protocol deal, but Iran's maximalist conditions (US compensation, sanctions lift) prevent full reopening; UAE tanker hit by Iranian missile keeps oil risk elevated.
US Senate passed 86-11 the Lindsey Graham Sanctioning Russia and Iran Act, allowing 100% tariffs on top importers of Russian oil/gas (China, India, Azerbaijan, Hungary, Slovakia).