After three months, the fallout of the closure of the Strait of Hormuz is spreading, with developing countries bearing the brunt of the shortfall.
Category: Iran
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Oil Prices Fall as Uneasy Truce Holds Between U.S. and Iran
Oil/Stocks/Gas hed
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Global Oil Price Rises After U.S. Strikes in Iran Cloud Peace Deal
Optimism for a resolution to the conflict and the reopening of the Strait of Hormuz was checked after the United States said it had carried out strikes on missile launch sites in Iran.
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Even After a Strait of Hormuz Deal, Moving 1,500 Ships Won’t Be Easy
An agreement to reopen the waterway would be followed by a complicated process of navigating a backlog of vessels stranded for nearly three months.
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Oil Prices Fall on News of Possible Iran Deal
S&P 500 futures were up slightly in what may be a sign that investors and analysts are waiting to see if a deal is finalized.
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The Risks of Iran’s Threat to Control the Strait of Hormuz
Iran is trying to assert its control over the strait by charging for passage. Experts say it is unlikely to happen, but the threat has unsettled the shipping industry.
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Oil Prices Jump on Impasse Over Reopening the Strait of Hormuz
Nearly three months since the fighting began, disagreements remain over the fate of Iran’s uranium stockpile and transit fees for the Strait of Hormuz.
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Oil Prices Climb and Bonds Falter as Iran War Raises Inflation Fears
Stocks and bonds wavered after President Trump issued a new warning to Iran.
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Oil Prices Edge Higher as Cease-Fire Remains Tenuous
Oil prices rose after President Trump issued a new warning to Iran, calling into question the tenuous cease-fire in the war.
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What Trump Gained, and Didn’t, From China
President Trump is returning home from Beijing after a two-day summit that achieved a few deals but left investors and analysts underwhelmed.
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In Qatar, Energy Sector Damage Is Severe, and the Way Back Will Be Long
Iranian strikes and a blockade have paralyzed Qatar’s gas engine, creating a technical bottleneck likely to stall exports for years.