oil market deficit 2026
The Ceasefire Is Dead and the Blockade Is Live — Here’s the Full Market Breakdown
Executive Summary The Islamabad talks collapsed on a single core issue: Iran refused to commit to abandoning nuclear weapons development. After 21 hours of the highest-level US-Iran engagement since the 1979 Islamic Revolution, VP Vance announced no deal and boarded Air Force Two. Trump immediately ordered a naval blockade of Iranian ports in the Strait…
