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: Strait of Hormuz
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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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Reopening of Strait of Hormuz Still a Question Mark
Without the details of a formal agreement, it is unclear how soon normal shipping will resume and when oil prices will start to come down.
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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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Is the Bond Market Signaling Danger? Or Opportunity?
Interest rates for long-term Treasury bonds have surged to levels last seen in 2007, before the great financial crisis.
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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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A Fact Check of Trump’s Claims on Inflation and Gas Prices in Iran War
He has minimized soaring gas prices, rising inflation and the American economy’s need for the Strait of Hormuz.
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An Uncertain World Awaits the Reopening of the Strait of Hormuz
Fatih Birol of the International Energy Agency, who orchestrated a multinational release of oil reserves, detailed the risks facing the economy now and beyond.
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Fuel Prices Drive Sales of E.V.s, Just Not in the U.S.
Electric vehicle sales have soared in Europe and much of the rest of the world, but Americans are still hesitant.
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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.