WS #10519
At least 172 vessels have crossed the Strait of Hormuz since the US-Iran deal, with Brent crude dropping to its lowest level since the war began, countering the oil supply crisis thesis. Russia's gasoline crunch is worsening, with two-thirds of regions facing fuel rationing due to drone attacks on refineries, keeping upward pressure on energy stocks.
Strait of Hormuz Reopening / Oil Price Decline
At least 172 vessels have crossed the Strait of Hormuz since the US-Iran deal, with Brent crude dropping to its lowest level since the war began, countering the oil supply crisis thesis.
Russia's gasoline crunch is worsening, with two-thirds of regions facing fuel rationing due to drone attacks on refineries, keeping upward pressure on energy stocks.