WS #10151
US-Iran interim peace deal signed, Strait of Hormuz traffic resuming, oil prices easing; but Iran has paused negotiations citing Israeli strikes in Lebanon. Ukraine launched largest drone offensive on Moscow, damaging a key oil refinery; this is a separate geopolitical risk but does not offset Hormuz de-escalation.
US-Iran Deal and Hormuz Reopening
US-Iran interim peace deal signed, Strait of Hormuz traffic resuming, oil prices easing; but Iran has paused negotiations citing Israeli strikes in Lebanon.
Ukraine launched largest drone offensive on Moscow, damaging a key oil refinery; this is a separate geopolitical risk but does not offset Hormuz de-escalation.