Iran's All-or-Nothing Game in the Strait of Hormuz [Yahoo! Finance]
Rio Tinto Plc (RIO)
US:NYSE Investor Relations:
riotinto.com/investors-87.aspx
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Source: Yahoo! Finance
ICE Brent is set to settle above $100 per barrel for the first time since August 2022, undeterred by the US' easing of sanctions on Russia and the IEA's mulled release of strategic petroleum stocks. The closure of the Strait of Hormuz sits front and centre to any oil price outlook, with Iran already striking at least 18 vessels since the US-Iran conflict started two weeks ago. Iran's New Supreme Leader Goes All In on Hormuz. Iran's new Supreme Leader, Mojtaba Khamenei, the son of the previous ayatollah, has pledged to continue blocking the Strait of Hormuz, calling it a lever that must be used after unmanned Iranian drones struck two tankers anchored in Iraqi waters. The World Is Ablaze; EU Sees No Problem. The European Union stated that it does not see any ‘immediate concern' regarding the security of its oil supplies, even though its leading members, Germany, France, and Italy, have all announced SPR release in line with the IEA's guidance. US Grudgingly Admits Escort Difficu
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Sec Filings
- 2/19/26 - Form IRANNOTICE
- RIO's page on the SEC website