WS #11476
OPEC+ approves 188,000 b/d August increase; Strait of Hormuz traffic shows signs of recovery with vessels using Oman-side route, though some U-turns observed. Ukrainian drone strikes hit Russian oil infrastructure near St. Petersburg and Simferopol; Russia claims control of Kostiantynivka; Trump offers to help end war in Putin call.
OPEC+ production increase and Hormuz reopening
OPEC+ approves 188,000 b/d August increase; Strait of Hormuz traffic shows signs of recovery with vessels using Oman-side route, though some U-turns observed.
Ukrainian drone strikes hit Russian oil infrastructure near St. Petersburg and Simferopol; Russia claims control of Kostiantynivka; Trump offers to help end war in Putin call.