WS #13870
Pakistan says US and Iran are 'close to some sort of arrangement' on Hormuz, while Qatar confirms Oman-Iran talks are at an 'advanced stage'; oil prices remain elevated with Brent near $88-89 and WTI above $82, with US Energy Secretary reporting ~9M bpd flowing through the Strait. Multiple geopolitical flashpoints: drone attacks on Libya's Zawiya refinery and Saudi Aramco's Jazan refinery, Ukraine triples long-range strikes on Russia, and a deadly 7.4 earthquake in Colombia (224+ dead) - all contributing to risk-off sentiment and energy supply concerns.
Hormuz Diplomacy and Oil
Pakistan says US and Iran are 'close to some sort of arrangement' on Hormuz, while Qatar confirms Oman-Iran talks are at an 'advanced stage'; oil prices remain elevated with Brent near $88-89 and WTI above $82, with US Energy Secretary reporting ~9M bpd flowing through the Strait.
Multiple geopolitical flashpoints: drone attacks on Libya's Zawiya refinery and Saudi Aramco's Jazan refinery, Ukraine triples long-range strikes on Russia, and a deadly 7.4 earthquake in Colombia (224+ dead) - all contributing to risk-off sentiment and energy supply concerns.