- US and Iranian negotiators are exploring a phased path out of the war, according to sources close to the talks, driving crude prices down about 2% on Friday.
- Strait of Hormuz oil flows reached 33.7 million barrels so far this week, Kpler data shows, while Saudi, Turkish and Pakistani chiefs prepare to discuss support for Riyadh amid Houthi strikes.
- The Brent-WTI premium hit its highest since May as talk of a possible US ban on diesel exports pressures US refining.
- The Iran war oil shock is outliving the 2022 Ukraine fallout, with prices still elevated, while easing Treasury yields and lower oil supported a higher Wall Street close on Friday.
引述
“US and Iranian negotiators are exploring phased path out of war, sources close to talks say”
“Strait of Hormuz oil flows reach 33.7 million barrels so far this week, Kpler data shows”
“Oil prices remain elevated amid the U.S.-Israel-Iran war, worse than 2022 Ukraine shock.”
“Wall Street closed higher Friday as easing Treasury yields and lower oil prices supported equities, with investors continuing to monitor developments surrounding the Strait of Hormuz.”