The wait dragged on for an Iranian deal with Oman on the Strait of Hormuz, with the Islamic Republic warning the US that any pact wouldn’t lead to an immediate reopening of the crucial energy chokepoint. With a deal remaining elusive, the situation in the region stayed volatile. Iranian-backed Houthi rebels on Sunday claimed they’d struck Saudi Aramco’s Jazan oil refinery in the kingdom. Saudi authorities earlier reported a fire at the facility. An agreement on a temporary maritime transit route for ships entering and leaving the Persian Gulf is “very close,” Iranian Foreign Minister Abbas Araghchi said Saturday. Yet Tehran also renewed a list of demands for Washington, suggesting any respite for oil and gas supplies may be limited. #oott bloomberg.com/news/articles/…

The wait dragged on for an Iranian deal with Oman on the Strait of Hormuz, with the Islamic Republic warning the US that any pact wouldn’t lead to an immediate reopening of the crucial energy chokepoint. With a deal remaining elusive, the situation in the region stayed volatile. Iranian-backed Houthi rebels on Sunday claimed they’d struck Saudi Aramco’s Jazan oil refinery in the kingdom. Saudi authorities earlier reported a fire at the facility. An agreement on a temporary maritime transit route for ships entering and leaving the Persian Gulf is “very close,” Iranian Foreign Minister Abbas Araghchi said Saturday. Yet Tehran also renewed a list of demands for Washington, suggesting any respite for oil and gas supplies may be limited. #oott bloomberg.com/news/articles/…

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