WS #13798

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Iran reiterates Hormuz will not reopen until US lifts naval blockade and pays reparations, with WTI jumping 3% on supply fears. Ukrainian drones hit TANECO refinery and ZapSibNeftekhim petrochemical plant, killing 13 and adding supply risk premium to oil.

Strait of Hormuz Closure Escalation

Iran reiterates Hormuz will not reopen until US lifts naval blockade and pays reparations, with WTI jumping 3% on supply fears.

Ukrainian drones hit TANECO refinery and ZapSibNeftekhim petrochemical plant, killing 13 and adding supply risk premium to oil.

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