WS #13863
Iran-Oman talks advance and possible US-Iran arrangement emerge, pulling oil prices down ~1% (WTI $81.29) despite Trump's compensation demands and continued shipping incidents. Libya's Zawiya refinery halted after drone strikes, Rosneft's Komsomolsk refinery fire, and Russian crude exports at multi-month low tighten supply, supporting oil prices.
US-Iran/Hormuz diplomacy and oil
Iran-Oman talks advance and possible US-Iran arrangement emerge, pulling oil prices down ~1% (WTI $81.29) despite Trump's compensation demands and continued shipping incidents.
Libya's Zawiya refinery halted after drone strikes, Rosneft's Komsomolsk refinery fire, and Russian crude exports at multi-month low tighten supply, supporting oil prices.