Refractory Shapes News

US Energy Secretary on Hormuz, Venezuela Oil & Gas Prices

US Energy Secretary Wright stated the Strait of Hormuz will resume flows soon, the US will expand oil supply from Venezuela, and elevated gas prices are a necessary trade-off.

Vance: Middle East Resolution to Bring Down Prices

US VP Vance states that Trump's decisions on Iran will not last forever and anticipates a price decline once Middle East matters are addressed.

US Intercepts Iran-Linked Oil Tanker in Indian Ocean

The US intercepted the Iran-linked oil tanker 'Skywave' in the Indian Ocean, per WSJ, as Trump threatened to resume military strikes on Iran amid tensions over oil flows and the Strait of Hormuz.

Vance: US Troop Deployment to Poland Postponed

US VP Vance clarified that the troop deployment to Poland was postponed, not cut back, adding that those forces may be redirected elsewhere.