WS #10956
US and Iran trade strikes over the weekend, oil jumps >$1/bbl, but Axios reports both sides agree to halt attacks and meet later this week, offering a potential counter-signal. Ukraine continues drone attacks on Russian oil refineries, setting a major refinery ablaze; Putin admits fuel shortages, but says it's not critical.
US-Iran military escalation and potential de-escalation
US and Iran trade strikes over the weekend, oil jumps >$1/bbl, but Axios reports both sides agree to halt attacks and meet later this week, offering a potential counter-signal.
Ukraine continues drone attacks on Russian oil refineries, setting a major refinery ablaze; Putin admits fuel shortages, but says it's not critical.