WS #10267
Iran claims closure of Strait of Hormuz over Israeli strikes in Lebanon, but CENTCOM denies and reports normal traffic of 55 vessels and 17 million barrels of oil, creating a contested situation with high oil price implications. Ukrainian drones continue to strike Russian oil refineries and gas sites, including the Moscow Oil Refinery and Tyumen refinery, disrupting Russian oil processing capacity and adding supply-side pressure to oil markets.
Strait of Hormuz Closure Threat
Iran claims closure of Strait of Hormuz over Israeli strikes in Lebanon, but CENTCOM denies and reports normal traffic of 55 vessels and 17 million barrels of oil, creating a contested situation with high oil price implications.
Ukrainian drones continue to strike Russian oil refineries and gas sites, including the Moscow Oil Refinery and Tyumen refinery, disrupting Russian oil processing capacity and adding supply-side pressure to oil markets.