WS #14265
Iran-US tensions escalate with tanker seizure and threats to bomb Oman, but covert oil shipments through Hormuz (4M+ bpd) cap crude upside, keeping Brent near $89.
Middle East escalation and oil
Iran-US tensions escalate with tanker seizure and threats to bomb Oman, but covert oil shipments through Hormuz (4M+ bpd) cap crude upside, keeping Brent near $89.