WS #13198
Holding: newest synthesis is 102d 19h old
US State Department warns of significant escalation with Iran; Iran accuses US of mixed signals; mediators report progress but no ceasefire; Strait of Hormuz remains closed with LNG tanker strike. Qatari LNG tanker struck in Strait of Hormuz; Ukrainian drones hit three Russian refineries; Niger Delta pipeline explosion; all point to tighter global oil and gas supply.
US-Iran conflict escalation
US State Department warns of significant escalation with Iran; Iran accuses US of mixed signals; mediators report progress but no ceasefire; Strait of Hormuz remains closed with LNG tanker strike.
Qatari LNG tanker struck in Strait of Hormuz; Ukrainian drones hit three Russian refineries; Niger Delta pipeline explosion; all point to tighter global oil and gas supply.