How markets have moved six months into the war, and where they might be headed in the future.
Category: Strait of Hormuz
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How 6 Months of War in Iran Jolted Oil, Gas, Stocks and More
The New York Times – Business: -
Why These Giant Storage Tanks Increasingly Hold Very Little Oil
The New York Times – Business:Oil companies and governments are consuming their once vast stockpiles as Iran and the United States continue to struggle for control over the Strait of Hormuz.
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Soaring Diesel Prices Are Helping Oil Companies and Hurting Consumers
The New York Times – Business:The cost of the fuel, used in farm machinery, trucks and other heavy equipment, has surged because of the war in Iran and Ukrainian attacks on Russian refineries.
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Soaring Diesel Prices Are Helping Oil Companies and Hurting Consumers
The New York Times – Business:The cost of the fuel, used in farm machinery, trucks and other heavy equipment, has surged because of the war in Iran and Ukrainian attacks on Russian refineries.
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Iran Warns Gulf States Not to Join Trump’s Economic War
The New York Times – On the Runway:Iran’s new hard-line national security adviser, Mohsen Rezaei, vowed to prevent “a single drop of oil” from leaving the region.
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Spike in ‘Dark’ Oil Tankers in Gulf Raises Risk of Catastrophic Spills
The New York Times – Business:More vessels are navigating the Strait of Hormuz with their location devices turned off to evade attacks by Iran, adding to the threat of collisions.
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How the U.S. Navy Is Helping Get Oil Through the Strait of Hormuz
The New York Times – Business:With Iran making ship traffic perilous, a U.S. operation offers a way out for some energy exports, stealthily shepherding tankers on dangerous journeys.
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Ship Exiting the Strait of Hormuz Is Attacked
The New York Times – Business:At least 17 commercial sailors have been killed in and around Iranian and Omani waters since March. Six months into the conflict, the vital waterway remains exceptionally dangerous.
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Iran’s Supreme Leader Signals Intention to Keep Country on a War Footing
The New York Times – On the Runway:Ayatollah Mojtaba Khamenei’s appointment of hard-line loyalists to top jobs suggests he is prepared to keep the country on a war footing and to quash domestic dissent.
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Gulf Oil Giants Are Spending Billions to Build Ways Around Strait of Hormuz
The New York Times – Business:Even if a cease-fire materializes, Gulf exporters recognize that relying strictly on the Strait of Hormuz is a risk they can no longer take.
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Oil Prices Rise to $90 a Barrel Over U.S.-Iran Stalemate
The New York Times – Business:The stalemate over the Iran war hardened and commercial shipping in the Strait of Hormuz continued to dwindle.
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Iran Insists Strait of Hormuz Will Stay Closed Until Trump Agrees to Demands
The New York Times – On the Runway:A spokesman for the Iranian Foreign Ministry said that talks with Oman on shipping routes in the Strait of Hormuz were “separate” from discussions to fully reopen the waterway.