WS #13986
Iran's Basij chief reiterates control over Strait of Hormuz, contradicting Trump's claim, keeping oil prices elevated with a floor under energy markets. Brent and WTI fall over 2% on higher US crude stocks and lower IEA/OPEC demand estimates, countering supply-driven bull thesis.
Hormuz standoff escalation
Iran's Basij chief reiterates control over Strait of Hormuz, contradicting Trump's claim, keeping oil prices elevated with a floor under energy markets.
Brent and WTI fall over 2% on higher US crude stocks and lower IEA/OPEC demand estimates, countering supply-driven bull thesis.