WS #11104
Iran's top negotiator Qalibaf signals de-escalation on Strait of Hormuz, with oil exports resuming and traffic up 50%+ over the past week, pushing oil prices lower and countering the bullish oil thesis.
Iran Strait of Hormuz De-escalation and Oil Market Impact
Iran's top negotiator Qalibaf signals de-escalation on Strait of Hormuz, with oil exports resuming and traffic up 50%+ over the past week, pushing oil prices lower and countering the bullish oil thesis.