WS #10284
Iran announces renewed closure of Strait of Hormuz, but US-Iran talks scheduled for Sunday in Switzerland provide a potential de-escalation path, creating a binary outcome for oil prices. Ukrainian drone strike hits Tyumen oil refinery in western Siberia, expanding the air offensive deep into Russia and threatening Russian oil output.
Strait of Hormuz Closure and US-Iran Talks
Iran announces renewed closure of Strait of Hormuz, but US-Iran talks scheduled for Sunday in Switzerland provide a potential de-escalation path, creating a binary outcome for oil prices.
Ukrainian drone strike hits Tyumen oil refinery in western Siberia, expanding the air offensive deep into Russia and threatening Russian oil output.