WS #11316
OPEC output surged 2.34M bpd in June as Hormuz flows resumed, but Russia's NORSI refinery halted after drone attack, and Houthis threaten Saudi strikes, creating mixed oil signals. NATO commits $80B in military aid to Ukraine; India challenges US 12.5% tariff plan; US intelligence warns of Russian provocation against Poland testing NATO response.
Oil Supply and Geopolitical Tensions
OPEC output surged 2.34M bpd in June as Hormuz flows resumed, but Russia's NORSI refinery halted after drone attack, and Houthis threaten Saudi strikes, creating mixed oil signals.
NATO commits $80B in military aid to Ukraine; India challenges US 12.5% tariff plan; US intelligence warns of Russian provocation against Poland testing NATO response.