WS #10982
US and Iran agree to halt attacks and resume talks, countering prior conflict escalation thesis. Putin admits Russia faces fuel shortages after Ukrainian drone strikes on refineries, potentially supporting oil prices. Iranian kamikaze drone strikes oil refinery in Erbil, Iraqi Kurdistan, adding geopolitical risk to oil supply.
US-Iran De-escalation Agreement
US and Iran agree to halt attacks and resume talks, countering prior conflict escalation thesis.
Putin admits Russia faces fuel shortages after Ukrainian drone strikes on refineries, potentially supporting oil prices.
Iranian kamikaze drone strikes oil refinery in Erbil, Iraqi Kurdistan, adding geopolitical risk to oil supply.