Tag
Geopolitical Tension
2 articles
Iran Rejects US Ceasefire, Oil Holds Near $109
• Oil prices made marginal moves on Monday as Iran rejected a U.S.-brokered ceasefire proposal, keeping Brent at $109.04/bbl and WTI at $111.82/bbl.
• President Trump warned Iran to reopen the Strait
Barclays Forecast 14.5 mb/d Oil Disruption
Oil exports via Strait of Hormuz fell to 0.4 mb/d (four‑week average) as of March 30, a 17.2 mb/d YoY drop.
Barclays estimates net oil flow disruption of about 14.5 mb/d, with 175 million barrels stil