WS #11805
Trump declares ceasefire over and authorizes strikes; tanker traffic in Strait of Hormuz slows to 22 vessels/day from 48 a week ago; IEA warns of first annual oil demand decline since COVID-19 due to disruption. Four US senators reach deal with Trump administration to move Russia sanctions legislation forward, potentially dampening geopolitical risk premiums.
US-Iran Conflict Escalation
Trump declares ceasefire over and authorizes strikes; tanker traffic in Strait of Hormuz slows to 22 vessels/day from 48 a week ago; IEA warns of first annual oil demand decline since COVID-19 due to disruption.
Four US senators reach deal with Trump administration to move Russia sanctions legislation forward, potentially dampening geopolitical risk premiums.