WS #13994
Iran and US continue to clash over control of the Strait of Hormuz, with oil prices falling despite the standoff as investors assess supply and demand. Ukrainian drones hit a major Russian refinery in Bashkortostan, sparking a fire, which could impact Russian oil exports and global supply.
Hormuz blockade and oil market
Iran and US continue to clash over control of the Strait of Hormuz, with oil prices falling despite the standoff as investors assess supply and demand.
Ukrainian drones hit a major Russian refinery in Bashkortostan, sparking a fire, which could impact Russian oil exports and global supply.