Dossier
Israeli pipelines
Coverage of Israeli pipelines in the Nexus archive.
- Oil falls to lowest point in a week on US-Iran pause
Oil prices dropped to their lowest level in a week amid a pause in US-Iran tensions, with Iran proposing a temporary transit arrangement for the Strait of Hormuz and threatening to block it if rejected. Saudi Arabia shifted to alternative, costlier shipping routes like the Suez Canal, while uncertainty persisted over stalled US-Iran negotiations.