WS #11177
Iran-U.S. talks in Qatar yield preliminary deal to unfreeze $3B for Iran; Strait of Hormuz shipping resumes but a foreign cargo ship ran aground after using unauthorized route, highlighting ongoing control risks; oil prices lower on easing supply fears. Putin admits fuel shortage after Ukrainian drone strikes on oil refineries; Zelenskyy confirms long-range attacks on Russian oil infrastructure; gasoline lines and fights erupt in Russia; bullish for oil and energy stocks.
Iran Talks Progress: Preliminary Deal, Hormuz Risks Persist
Iran-U.S. talks in Qatar yield preliminary deal to unfreeze $3B for Iran; Strait of Hormuz shipping resumes but a foreign cargo ship ran aground after using unauthorized route, highlighting ongoing control risks; oil prices lower on easing supply fears.
Putin admits fuel shortage after Ukrainian drone strikes on oil refineries; Zelenskyy confirms long-range attacks on Russian oil infrastructure; gasoline lines and fights erupt in Russia; bullish for oil and energy stocks.