Oil Falls to a Three-Month Low, but Physical Supply Recovery May Lag
Crude prices dropped sharply after the US-Iran framework, although mines, insurance and disrupted logistics may delay the return of normal Gulf exports.
Tag: Strait of Hormuz
US and Iran Move Closer to a Framework Deal, but the Signing Timetable Remains Unclear
Washington, Islamabad and Tehran are describing progress differently, leaving the timetable, verification sequence and regional ceasefire arrangements unresolved.