WS #12281
Strait of Hormuz transit falls to three-week low; Brent crude near $86/barrel; China hikes retail fuel prices as oil jumps 12% in a week. Iran and the US agree to halt attacks and renew talks, per Reuters, countering the prevailing escalation narrative.
Oil Supply Disruption and Price Surge
Strait of Hormuz transit falls to three-week low; Brent crude near $86/barrel; China hikes retail fuel prices as oil jumps 12% in a week.
Iran and the US agree to halt attacks and renew talks, per Reuters, countering the prevailing escalation narrative.