WS #13825
Iran rules out negotiations until 2029, Trump claims 100% control of Hormuz, oil prices surge ~5% with WTI above $81 and Brent above $87, impacting energy, airlines, and shipping. Ukraine drone strike on Russian oil refinery in Tatarstan kills 13, potentially tightening oil supply and adding to bullish oil narrative.
Strait of Hormuz Crisis Escalation
Iran rules out negotiations until 2029, Trump claims 100% control of Hormuz, oil prices surge ~5% with WTI above $81 and Brent above $87, impacting energy, airlines, and shipping.
Ukraine drone strike on Russian oil refinery in Tatarstan kills 13, potentially tightening oil supply and adding to bullish oil narrative.