WS #13837
Trump demands Iran compensation as Hormuz deal hopes fade, oil jumps ~5% (WTI $82.13, Brent $87.72), SPR falls below 300M barrels. Libya's Zawiya refinery fuel tank hit by drone, causing severe fire; NOC confirms attack, adding to oil supply concerns. Ukraine agreed not to target certain non-Russian oil tankers and Black Sea infrastructure, potentially restoring CPC oil flows.
Strait of Hormuz deadlock and oil surge
Trump demands Iran compensation as Hormuz deal hopes fade, oil jumps ~5% (WTI $82.13, Brent $87.72), SPR falls below 300M barrels.
Libya's Zawiya refinery fuel tank hit by drone, causing severe fire; NOC confirms attack, adding to oil supply concerns.
Ukraine agreed not to target certain non-Russian oil tankers and Black Sea infrastructure, potentially restoring CPC oil flows.