WS #13955
Ukraine ceased drone strikes on oil tankers at Novorossiysk following US VP request, de-escalating Black Sea energy risk and pressuring oil prices. Only 14 ships transited Hormuz Tuesday, EIA raised Brent outlook to $87/bbl, but UAE shuttling Iraqi oil and US inventory build offset supply fears.
Ukraine halts tanker strikes at Novorossiysk
Ukraine ceased drone strikes on oil tankers at Novorossiysk following US VP request, de-escalating Black Sea energy risk and pressuring oil prices.
Only 14 ships transited Hormuz Tuesday, EIA raised Brent outlook to $87/bbl, but UAE shuttling Iraqi oil and US inventory build offset supply fears.