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.
Category: Persian Gulf
-
After Iran Cease-Fire, Ship Traffic in Strait of Hormuz Remains Throttled
The New York Times – Business: -
Why It Could Take Months for Gas Prices to Fall, Even If the Strait of Hormuz Reopens
The New York Times – Business:Some wells can be turned on in days or weeks, but bringing the Gulf’s energy system back to something akin to normal will take months.
-
Why You Can’t ‘Flick a Switch’ to Get Oil and Gas Flowing Out of the Persian Gulf
The New York Times – Business:Some wells can be turned on in days or weeks, but bringing the Gulf’s energy system back to something akin to normal will take months.
-
Iran Keeps a Tight Grip on Strait of Hormuz, Pressuring Shipping and Energy Sectors
The New York Times – Business: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.
-
What Happened After a U.S. Warship Hit an Iranian Mine in 1988
The New York Times – Business:President Trump has suggested providing escorts for stranded tankers. A mine strike on a U.S. frigate in the Persian Gulf shows the perils of doing so.
-
Cheap Drones Remain Wild Card in Iran war
The New York Times – Business:Stopping Iran’s production of drones is critical to opening the Strait of Hormuz and halting its attacks on Gulf nations. But can it be done?
-
For Western Oil Companies, War in Iran Means Bigger Profits, and Risks
The New York Times – Business:American and European oil and gas companies are expected to earn a lot more as prices surge but are worried about the future.
-
Attacks on Energy Infrastructure Could Lead to Much Higher Prices
The New York Times – Business:Attacks on oil and natural gas facilities this week could make it much harder for Persian Gulf countries to rebuild and restart production when the war eventually end.
-
The Effects of High Oil Prices
The New York Times – Business:Our chief economics correspondent, Ben Casselman, breaks down how gasoline prices have responded to the oil crisis in the Persian Gulf, and what is in store for inflation if the price of oil remains above $100 per barrel.
-
Iran’s South Pars Gas Field Is Attacked, Sending Energy Prices Soaring
The New York Times – Business:The field is part of a vast gas reservoir shared by Iran and Qatar. The strike appeared to be one of the most significant attacks on an energy site since the U.S.-Israeli air war against Iran began.
-
Kharg Island Is an Appealing Target for Trump, With High Risks
The New York Times – Business:A U.S. attack or a move to seize control of Iran’s main oil export hub could cripple the country’s ability to profit from its natural resources. But it would also risk sending energy prices even higher.