Iran has allowed a small number of vessels to pass, but that won’t alleviate pressure or risk for the shipping industry and energy markets any time soon.
Iran Keeps a Tight Grip on Strait of Hormuz, Pressuring Shipping and Energy Sectors
The New York Times – Business:
This post first appeared in The New York Times – Business. Read the original article.
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Far East, South and Southeast Asia and Pacific Areas, Freight (Cargo), International Relations, Iran, Oil (Petroleum) and Gasoline, Persian Gulf, Prices (Fares, Fees and Rates), Ships and Shipping, Shortages, Strait of Hormuz, Trump, Donald J, US and Israeli Attack on Iran (2026), War and Armed Conflicts