WS #11814
Despite Trump declaring ceasefire 'over', talks continue; Iranian FM to visit Oman; oil prices drift lower (WTI -0.9%), market shrugs off geopolitical noise. Graham-Blumenthal sanctions bill approved by White House; IEA cuts Russia oil production forecast due to Ukrainian attacks; potential tightening of Russian oil supply.
US-Iran De-escalation and Oil Market
Despite Trump declaring ceasefire 'over', talks continue; Iranian FM to visit Oman; oil prices drift lower (WTI -0.9%), market shrugs off geopolitical noise.
Graham-Blumenthal sanctions bill approved by White House; IEA cuts Russia oil production forecast due to Ukrainian attacks; potential tightening of Russian oil supply.