WS #13861
Holding: newest synthesis is 88d 4h old
Oil prices reversed gains on reports of US-Iran progress toward a deal, but Houthi attacks and US strikes keep geopolitical risk elevated. Ukrainian drone strikes on Russian refineries (Orsk, Komsomolsk) and a deadly strike in Tatarstan highlight escalating attacks on energy infrastructure, supporting oil prices.
US-Iran/Hormuz oil crisis
Oil prices reversed gains on reports of US-Iran progress toward a deal, but Houthi attacks and US strikes keep geopolitical risk elevated.
Ukrainian drone strikes on Russian refineries (Orsk, Komsomolsk) and a deadly strike in Tatarstan highlight escalating attacks on energy infrastructure, supporting oil prices.