WS #11328
Iran prepares for weeklong funeral of late Supreme Leader Khamenei, with US-Iran indirect talks concluding in Doha focused on Strait of Hormuz, creating uncertainty for oil supply normalization. OPEC crude output jumped 2.34M b/d in June as Gulf exports resume after US-Iran peace deal, driven by Kuwait, Saudi Arabia, and Iran.
Iran Funeral and Geopolitical Tensions
Iran prepares for weeklong funeral of late Supreme Leader Khamenei, with US-Iran indirect talks concluding in Doha focused on Strait of Hormuz, creating uncertainty for oil supply normalization.
OPEC crude output jumped 2.34M b/d in June as Gulf exports resume after US-Iran peace deal, driven by Kuwait, Saudi Arabia, and Iran.