Questions about how freely ships can pass through the waterway have pushed up oil prices and weighed on stocks.
Category: Strait of Hormuz
-
Oil Prices Fall, but Energy Firms Remain Frozen After U.S.-Iran Deal
The New York Times – Business: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.
-
After Iran Cease-Fire, Ship Traffic in Strait of Hormuz Remains Throttled
The New York Times – Business: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.
-
Markets on Edge as Trump’s Iran Ultimatum Looms
The New York Times – Business:Oil prices are rising and stocks are selling off as investors fret that the president will carry out his threats to “decimate” Iran.
-
Oil Markets Seem More Skeptical of Trump’s Peace Signals
The New York Times – Business:After seesawing between diplomacy and threats, the president may find it harder to knock down prices by suggesting pauses or progress in talks.
-
Rival Nations Seize On Choke Points to Counter Trump
The New York Times – Business:From Iran to China, President Trump’s global aggression has encouraged other countries to search for new ways to pressure the U.S. economy.
-
Why Trump’s Iran Address Failed to Soothe Markets
The New York Times – Business:Oil surged and stocks sold off after the president delivered an unclear case for continuing the war in the Middle East.
-
Markets Bet Big on a Quick End to the Iran War
The New York Times – Business:Global markets rallied as President Trump signaled that the United States may stop fighting soon. But big questions remain about lingering damage.
-
The Trump Effect at the Pump as Gas Hits $4 a Gallon
The New York Times – Business:The average price of gasoline in the U.S. has topped $4 a gallon, a multiyear high, as war in the Middle East roils the oil market and slams drivers.
-
Iran War’s Latest Economic Toll: Oil at $115 a Barrel
The New York Times – Business:Economists and investors are increasingly pricing in a slowdown, or even a global recession, if the fighting drags on.
