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Fars News Agency reported an Iranian lawmaker said proposed measures on the Strait of Hormuz remain under expert review; parliament has invited experts to submit recommendations to complete the draft bill.

2026-08-07

Fars News Agency reported an Iranian lawmaker said proposed measures on the Strait of Hormuz remain under expert review; parliament has invited experts to submit recommendations to complete the draft bill.

Other News
2026-08-06

LME nickel down 2.00% intraday at $16,793/mt.

LME nickel down 2.00% intraday at $16,793/mt.
2026-08-07

Preliminary U.S. government data show Saudi crude shipments to the U.S. fell to zero in July, the first full month without Saudi crude since 1985. DOE data released Wednesday indicate shipments were fully halted for the month. The drop is notable giv

Preliminary U.S. government data show Saudi crude shipments to the U.S. fell to zero in July, the first full month without Saudi crude since 1985. DOE data released Wednesday indicate shipments were fully halted for the month. The drop is notable given U.S. refineries were taking more than 800,000 bpd of Saudi crude earlier this year. Closure of the Strait of Hormuz and other war-related supply disruptions pushed up benchmark-linked crude prices and prompted U.S. refiners to seek alternative supplies. Kpler expects Saudi inflows to the U.S. to resume this month at about 300,000 bpd, near recent normal levels.
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