WS #13965
Iran rejects Trump's 'total control' claim, stating Hormuz remains blocked until its conditions are met, keeping oil supply risk elevated. OPEC cuts 2026 oil demand growth forecast to 600k bpd, a bearish demand-side signal that partially offsets supply concerns.
Hormuz closure escalation
Iran rejects Trump's 'total control' claim, stating Hormuz remains blocked until its conditions are met, keeping oil supply risk elevated.
OPEC cuts 2026 oil demand growth forecast to 600k bpd, a bearish demand-side signal that partially offsets supply concerns.