WS #13840
US-Iran deadlock over Hormuz reopening intensifies with Trump demanding reparations and Iran insisting on sanctions relief, pushing oil up ~5% and pressuring global risk assets. US SPR falls below 300M barrels, Libya refinery attacked, and global diesel crunch worsens, amplifying oil supply concerns.
Strait of Hormuz Crisis Escalation
US-Iran deadlock over Hormuz reopening intensifies with Trump demanding reparations and Iran insisting on sanctions relief, pushing oil up ~5% and pressuring global risk assets.
US SPR falls below 300M barrels, Libya refinery attacked, and global diesel crunch worsens, amplifying oil supply concerns.