Oil prices are likely to remain volatile as long as the United States and Iran are unable to resolve the status of the Strait of Hormuz.
Category: Israel
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The Iran War’s Persistent Threat to Farmers in Poor Countries
A reopening of the Strait of Hormuz would do little to swiftly ease the pain inflicted by higher prices for fertilizer, food and fuel in Ivory Coast.
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Can Some Very Tiny Particles Cool the Planet? One Tech Company Says Yes.
Stardust Solutions says its tiny spheres can reflect the sun’s rays without harming people or the environment. Critics say private companies have no business altering Earth’s atmosphere.
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Nations Brace for Long-Term Economic Woes as Trump Calls Iran Truce Plan ‘Garbage’
President Trump said the fragile cease-fire was on “life support,” and India’s leader urged residents to cut back on purchases and travel.
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Reopening Strait of Hormuz Would Ease Oil Crisis but Only So Much
Analysts said energy and shipping companies would be reluctant to fully restore operations until they were confident that hostilities were over.
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Despite Cease-Fire, Iran’s Hackers Haven’t Logged Off
Tehran’s digital warriors have continued to seek ways to gain an advantage in the conflict in a new phase of cyberspace operations.
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Trump’s Latest Oil Blockade Brings Bigger Economic Risks
Oil markets shrugged it off, but the effort to hurt Iran could provoke retaliation that inflicts more damage on energy assets and the global economy.
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Iran War Drives Deeper Oil Shock Than Prices Reveal
The war with Iran is preventing huge amounts of oil from flowing out of the Persian Gulf, but the prices that many people track don’t fully capture the scale of the disruption.
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Oil Prices Fall, but Energy Firms Remain Frozen After U.S.-Iran Deal
Analysts said oil and natural gas energy companies would not quickly restore production unless attacks stopped and ships started moving through the Strait of Hormuz.
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After Iran Cease-Fire, Ship Traffic in Strait of Hormuz Remains Throttled
A handful of vessels have crossed the crucial waterway since the U.S.-Iran truce began, but shipowners, insurers and others are wary of safe passage.