WS #13888
US strikes on vessels and Iran's insistence on Hormuz closure keep oil elevated, but reports of advanced negotiations offer a counter-signal that could trigger a sharp reversal in oil and risk assets.
US-Iran conflict escalation and potential de-escalation
US strikes on vessels and Iran's insistence on Hormuz closure keep oil elevated, but reports of advanced negotiations offer a counter-signal that could trigger a sharp reversal in oil and risk assets.