WS #10778
Oil tanker earnings tumble as more ships enter Strait of Hormuz, oil trades lower, easing supply concerns despite earlier drone strike accusations. US-mediated Israel-Lebanon framework agreement reached, Declaration of Intent expected to be signed shortly, de-escalating regional tensions.
Iran-Strait of Hormuz de-escalation
Oil tanker earnings tumble as more ships enter Strait of Hormuz, oil trades lower, easing supply concerns despite earlier drone strike accusations.
US-mediated Israel-Lebanon framework agreement reached, Declaration of Intent expected to be signed shortly, de-escalating regional tensions.