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: US and Israeli Attack on Iran (2026)
-
Global Supply Shortages Deepen as War Drags On, Risking Jobs and Growth
The New York Times – Business: -
Oil Prices Fall as Uneasy Truce Holds Between U.S. and Iran
The New York Times – Business:Oil/Stocks/Gas hed
-
Global Oil Price Rises After U.S. Strikes in Iran Cloud Peace Deal
The New York Times – Business:Optimism for a resolution to the conflict and the reopening of the Strait of Hormuz was checked after the United States said it had carried out strikes on missile launch sites in Iran.
-
Even After a Strait of Hormuz Deal, Moving 1,500 Ships Won’t Be Easy
The New York Times – Business:An agreement to reopen the waterway would be followed by a complicated process of navigating a backlog of vessels stranded for nearly three months.
-
Oil Prices Fall on News of Possible Iran Deal
The New York Times – Business:S&P 500 futures were up slightly in what may be a sign that investors and analysts are waiting to see if a deal is finalized.
-
Reopening of Strait of Hormuz Still a Question Mark
The New York Times – Business: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.
-
The Risks of Iran’s Threat to Control the Strait of Hormuz
The New York Times – Business: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.
-
Oil Prices Jump on Impasse Over Reopening the Strait of Hormuz
The New York Times – Business:Nearly three months since the fighting began, disagreements remain over the fate of Iran’s uranium stockpile and transit fees for the Strait of Hormuz.
-
Mortgage Rates, Now 6.5%, Hit Highest Level Since War Began
The New York Times – Business:The average rate on a 30-year mortgage rose amid growing concerns over inflation and as the war with Iran showed no sign of ending.
-
Is the Bond Market Signaling Danger? Or Opportunity?
The New York Times – Business:Interest rates for long-term Treasury bonds have surged to levels last seen in 2007, before the great financial crisis.
-
Worried About War’s Impact, Bond Investors Push Rates to Highest Level Since 2007
The New York Times – Business:The 30-year U.S. Treasury yield hasn’t been this high since the lead up to the global financial crisis. Across Europe and Asia, yields are also elevated.