WS #10765
Multiple sources confirm oil flows through Hormuz have rebounded to ~80% of pre-war levels, Saudi Arabia boosting shipments via Red Sea, Oman warns of potential fees, and a $2m service fee waiver runs to ~Aug.18 — all pointing to de-escalation of oil supply disruption narrative.
Strait of Hormuz de-escalation / oil supply normalization
Multiple sources confirm oil flows through Hormuz have rebounded to ~80% of pre-war levels, Saudi Arabia boosting shipments via Red Sea, Oman warns of potential fees, and a $2m service fee waiver runs to ~Aug.18 — all pointing to de-escalation of oil supply disruption narrative.