WS #13737
Iran hardens stance on Hormuz, demanding full US compliance; talks with Oman near final stage but no reopening without conditions; oil supply risk remains elevated. Houthis claim drone attack on Saudi Aramco's Jizan refinery, fire extinguished; adds to regional energy supply risk, supporting oil prices. US weapons stockpiles depleted due to Iran war; Pentagon pushes defense companies to boost production; potential long-term defense spending increase.
Iran-Hormuz blockade escalation
Iran hardens stance on Hormuz, demanding full US compliance; talks with Oman near final stage but no reopening without conditions; oil supply risk remains elevated.
Houthis claim drone attack on Saudi Aramco's Jizan refinery, fire extinguished; adds to regional energy supply risk, supporting oil prices.
US weapons stockpiles depleted due to Iran war; Pentagon pushes defense companies to boost production; potential long-term defense spending increase.