WS #10193
Iran postpones Friday meeting in Switzerland, effectively collapsing the US-Iran MOU as Israel continues strikes in Lebanon, with Trump criticizing the deal. Iraq plans to increase southern oilfield production by 250,000 bpd to 1.75 million bpd, partially offsetting geopolitical supply risks. Ukrainian drone strikes halt operations at a Moscow oil refinery, adding a minor supply disruption.
US-Iran MOU Collapse
Iran postpones Friday meeting in Switzerland, effectively collapsing the US-Iran MOU as Israel continues strikes in Lebanon, with Trump criticizing the deal.
Iraq plans to increase southern oilfield production by 250,000 bpd to 1.75 million bpd, partially offsetting geopolitical supply risks.
Ukrainian drone strikes halt operations at a Moscow oil refinery, adding a minor supply disruption.