Attack on Iran’s Lavan Island refinery left no casualties; fuel supply and distribution network remain stable, Iran's oil ministry says

The reported attack on Iran's Lavan Island refinery, while potentially concern-inducing for oil markets, has not resulted in casualties and the Iranian oil ministry assures that fuel supply and distribution remain stable. This implies that while geopolitical risks are elevated, the immediate impact on oil supply could be limited, mitigating fears of significant disruptions in the short term.