WS #13598
Holding: newest synthesis is 93d 23h old
Iran-Oman agreement to open Hormuz navigation for 60 days, but tanker explosions and US blockade persist, keeping oil prices volatile with Brent at $81.97. Russia drops record glide bombs on Ukraine, Saudi-Turkey-Pakistan defence pact signed, and US Senate advances Russia-Iran sanctions bill, adding geopolitical risk.
Strait of Hormuz Tensions and Oil Market Volatility
Iran-Oman agreement to open Hormuz navigation for 60 days, but tanker explosions and US blockade persist, keeping oil prices volatile with Brent at $81.97.
Russia drops record glide bombs on Ukraine, Saudi-Turkey-Pakistan defence pact signed, and US Senate advances Russia-Iran sanctions bill, adding geopolitical risk.