WS #13930
Hormuz closure persists with US-Iran ceasefire talks and fresh tanker strikes, while IEA forecasts a 1.8M bpd deficit and oil holds near $89 Brent. Ukrainian drone strikes hit Russian oil refinery and grain terminals, adding supply risk and supporting oil prices.
Middle East Tensions and Oil Supply
Hormuz closure persists with US-Iran ceasefire talks and fresh tanker strikes, while IEA forecasts a 1.8M bpd deficit and oil holds near $89 Brent.
Ukrainian drone strikes hit Russian oil refinery and grain terminals, adding supply risk and supporting oil prices.