WS #11849
US-Iran ceasefire collapses; US gives 24-hour deadline for Hormuz pledge; Iran privately admits ship attacks were a mistake; Kirkuk-Baniyas pipeline revival emerges as key counter-signal to oil disruption thesis. IEA reports global oil demand set to decline for first time since 2020, but US gasoline use spiked; oil prices volatile amid Hormuz crisis.
US-Iran Crisis Escalation and Pipeline Counter-Signal
US-Iran ceasefire collapses; US gives 24-hour deadline for Hormuz pledge; Iran privately admits ship attacks were a mistake; Kirkuk-Baniyas pipeline revival emerges as key counter-signal to oil disruption thesis.
IEA reports global oil demand set to decline for first time since 2020, but US gasoline use spiked; oil prices volatile amid Hormuz crisis.