WS #13835
US and Iran trade compensation demands, dashing hopes for a quick deal to reopen the Strait of Hormuz, pushing oil prices up ~5%. Third drone attack on Libya's Zawiya refinery; NOC threatens force majeure, adding to global oil supply tightness.
Hormuz standoff escalates, oil surges
US and Iran trade compensation demands, dashing hopes for a quick deal to reopen the Strait of Hormuz, pushing oil prices up ~5%.
Third drone attack on Libya's Zawiya refinery; NOC threatens force majeure, adding to global oil supply tightness.