Iran's Security Chief Blasts Scott Bessent as Crude Oil Prices Remain Volatile: ‘Hormuz Will Not Be Opened by Threats or Pressure'

Impact · against what's priced in

The report suggests a tightening oil supply due to a total Iranian export freeze since August 25, which provides upward pressure on energy ETFs. While geopolitical threats to the Strait of Hormuz sustain a risk premium, the market remains conflicted by contradictory data on actual traffic flow.

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