OIL HELD LOSSES AS IRAN SAID IT REACHED AN AGREEMENT WITH OMAN ON A PROPOSED SHIPPING ROUTE THROUGH THE STRAIT OF HORMUZ, RAISING THE PROSPECT OF SOME ENERGY FLOWS RESUMING, WITH WTI TRADING NEAR $75 A BARREL AFTER LOSING 11% IN THE WEEK'S FIRST THREE SESSIONS AND BRENT CLOSING ABOVE $79; A JOINT STATEMENT IS UNDER REVIEW AND A DEAL WOULD BE STRUCK IF THIRD PARTIES DON'T OBSTRUCT THE PROCESS, AN IRANIAN OFFICIAL SAID.

OIL HELD LOSSES AS IRAN SAID IT REACHED AN AGREEMENT WITH OMAN ON A PROPOSED SHIPPING ROUTE THROUGH THE STRAIT OF HORMUZ, RAISING THE PROSPECT OF SOME ENERGY FLOWS RESUMING, WITH WTI TRADING NEAR $75 A BARREL AFTER LOSING 11% IN THE WEEK'S FIRST THREE SESSIONS AND BRENT CLOSING ABOVE $79; A JOINT STATEMENT IS UNDER REVIEW AND A DEAL WOULD BE STRUCK IF THIRD PARTIES DON'T OBSTRUCT THE PROCESS, AN IRANIAN OFFICIAL SAID.

Source:https://x.com/FirstSquawk/status/2085125735103287612