WS #13915
Iran's security chief reiterates Hormuz stays closed until US meets conditions; fresh shipping attacks and IEA warning of depleting inventories keep Brent near $89-90, supporting energy stocks and pressuring airlines. Drone attacks on Libyan oil infrastructure and Russian refineries (Kstovo, Novorossiysk) add to supply risk, supporting oil prices.
Hormuz closure and oil supply risk
Iran's security chief reiterates Hormuz stays closed until US meets conditions; fresh shipping attacks and IEA warning of depleting inventories keep Brent near $89-90, supporting energy stocks and pressuring airlines.
Drone attacks on Libyan oil infrastructure and Russian refineries (Kstovo, Novorossiysk) add to supply risk, supporting oil prices.