WS #10986
US and Iran agree to 'stand down' after exchange of strikes, with Strait of Hormuz traffic expected to normalize and talks resuming in Doha, countering the oil risk premium. Putin admits fuel shortages from Ukrainian drone strikes on refineries and rejects limits on long-range strikes, escalating the energy conflict.
US-Iran De-escalation and Strait of Hormuz
US and Iran agree to 'stand down' after exchange of strikes, with Strait of Hormuz traffic expected to normalize and talks resuming in Doha, countering the oil risk premium.
Putin admits fuel shortages from Ukrainian drone strikes on refineries and rejects limits on long-range strikes, escalating the energy conflict.