Oil Prices Jump Amid Strait of Hormuz Impasse
Oil prices have jumped significantly due to an ongoing impasse over the reopening of the Strait of Hormuz. Experts warn that a failure to open the strait by the end of August could lead to a 2008-level 'train wreck' scenario for oil markets.
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Oil Prices Jump on Impasse Over Reopening the Strait of Hormuz
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.
By The New York Times
Read full article →This 2008 ‘train wreck’ oil scenario could unfold if Hormuz isn’t opened by end of August
There’s a new warning from the commodity market about the risks of a delayed reopening of the Strait of Hormuz.
By Joy Wiltermuth
Read full article →


