TTE - Weekend energy news roundup - Iran attack Ukraine negotiations gasoline tax
Over the weekend, Iran claimed responsibility for a missile attack near the US consulate in Iraq, Ukrainian and Russian negotiators pointed to diplomatic progress, several governors called for a Federal gas tax holiday, Boris Johnson set plans to visit Saudi in hopes of advancing oil supply talks, and Argentina announced a soybean export embargo. Late Saturday, 12 missiles hit near the US consulate in northern Iraq. Iran's Revolutionary Guard claimed responsibility. Authorities said one civilian was hurt and nobody was killed. Iran sanctions relief was put on hold Friday, and news over the weekend may further complicate efforts to bring Iranian barrels back to market. Morgan Stanley, amongst others, anticipates additional Iranian volumes by mid-year (NYSEARCA:USO). Ukraine / Russia negotiations took a major step forward. A Ukrainian negotiator and advisor to Zelenskyy said, "I think that we will achieve some results literally in a matter of days." While Russian state media
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Weekend energy news roundup - Iran attack, Ukraine negotiations, gasoline tax