Express News | It is reported that the final draft of the U.S.-Iran agreement has been reached and will be released within the next few hours.
IEA Director Warns: Global Oil Market Could Enter 'Danger Zone' This Summer
① IEA Executive Director Fatih Birol stated that the global oil market could soon enter a 'danger zone' as global crude inventories continue to decline and summer travel season drives a rebound in demand. ② Birol also noted that the most critical measure to address the energy shock triggered by the conflict involving Iran is the full and unconditional reopening of the strategically vital Strait of Hormuz.
Express News | Iranian Ambassador to France: Reopening the strait entails costs, and fees must be paid by all countries.
Oil Market Could Hit 'Red Zone' in July-August, IEA Chief Says
Express News | Senior Iranian Official Rejects Reports on Enriched Uranium Remaining in the Country
Express News | International crude oil prices rose, with WTI crude futures extending gains to 4%.