WS #13626
Holding: newest synthesis is 93d 14h old
US officials report progress on Hormuz framework and plan to lift blockade, but ADNOC attacks and low traffic keep oil prices elevated. Senate passes sweeping Russia sanctions targeting energy revenues, with potential 500% tariffs on Russian imports, impacting global oil trade.
Iran-Hormuz De-escalation and Oil
US officials report progress on Hormuz framework and plan to lift blockade, but ADNOC attacks and low traffic keep oil prices elevated.
Senate passes sweeping Russia sanctions targeting energy revenues, with potential 500% tariffs on Russian imports, impacting global oil trade.