Saudi Foreign Minister and US Secretary of State discuss efforts to ensure Strait of Hormuz remains open
The discussion between the Saudi Foreign Minister and the US Secretary of State about keeping the Strait of Hormuz open highlights ongoing efforts to ensure energy security.
Iranian Foreign Ministry states that enriched uranium at 60% will not be transferred outside the country under any circumstance; Iran insists it will not transfer enriched uranium under any circumstances, deeming it as invaluable as its national territory
Iranian foreign ministry spokesperson says the transfer of Iran's enriched Uranium to the US has never been an alternative for Iran, State TV reports
Saudi Foreign Minister and US Secretary of State discuss efforts to ensure Strait of Hormuz remains open
CRUDE WRAP: WTI (M6) SETTLES USD 10.84 LOWER AT USD 83.85/BBL; BRENT (M6) SETTLES USD 9.01 AT 90.38/BBL
US sanctions seven Iran-backed Iraqi militia leaders;
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Given the Strait's significance as a key shipping route for oil, any instability here could impact oil prices and supply chain dynamics, making this a critical focus for traders in the energy sector.
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