Details, details, details
**Details began to emerge on Tuesday of the U.S. and Iran’s interim deal to end the war in the Middle East, with Donald Trump saying it will rule out a nuclear weapon for Tehran and a U.S. official saying it allows Iran to sell oil upon signing.
Shipowners wonder
** Bloomberg queried shipowners and traders, with “many saying they would need more details in order to assess whether safe transits are possible after months of false starts,” through the Strait of Hormuz. Key questions remain over mine clearance, transit protocols, insurance risk and Iran’s role in managing the waterway.”
Withdrawal demand
** Hezbollah said on Tuesday it believes Iran will not sign a final nuclear deal with Washington unless Israel withdraws from Lebanon, as Iran’s top diplomat said Israel’s continued troop presence in Lebanon would be considered a breach of the U.S.-Iran memorandum of understanding.
Retaliation
** Ukraine attacked a major oil refinery near Moscow overnight into Tuesday, sparking a major fire and sending dark smoke trailing into the sky above the Russian capital in the latest example of Ukraine striking vital oil infrastructure far across the border.
Cuba feeling it
** Some of Cuba’s sickest people are feeling the effects of the U.S. energy blockade, with surgeries delayed, kidney dialysis treatments disrupted and children with cancer facing a higher risk of death, according to a report published Monday by Cuban state-run media.
US Energy
** Shell Plc is preparing to launch a sale of its offshore wind farms in the oil major’s latest move away from renewable energy to focus on its higher-returning fossil fuel business.”
** Utah Republicans join advocates and ranchers pushing back on a proposed natural gas-fired hyperscale data center complex on the shores of the Great Salt Lake, citing environmental concerns.
** Wyoming lawmakers consider legislation that would tax electricity generation, saying it would raise revenues for state programs, ease residents’ utility bills, and could moderate data center development.
** American tribes and other concerned citizens have until June 22 to weigh in on a controversial plan to build an oil and gas pipeline near Pipestone National Monument in southwestern Minnesota.
