WS #12131
US airstrikes reported on Hengam Island, Iran; Iran rejects negotiations and focuses on defense; White House weighs Jones Act waivers to counter oil supply fears. EIA crude inventory draw, Fujairah port shutdown, and Iran tensions keep oil elevated; White House considers Jones Act waivers. EU envoys fail to agree on 21st Russia sanctions package; oil price cap unchanged.
US-Iran Conflict Escalation
US airstrikes reported on Hengam Island, Iran; Iran rejects negotiations and focuses on defense; White House weighs Jones Act waivers to counter oil supply fears.
EIA crude inventory draw, Fujairah port shutdown, and Iran tensions keep oil elevated; White House considers Jones Act waivers.
EU envoys fail to agree on 21st Russia sanctions package; oil price cap unchanged.