Strait of Hormuz
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Business
The ‘Amazon of Oil’: Why the Iran Conflict Failed to Trigger a Price Catastrophe
Global energy markets are defying historical precedents of volatility, even as geopolitical tensions in the Middle East resurface. Despite President…
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Business
Gulf Escalation Ends Ceasefire Hopes as Oil Spikes and Global Markets Retreat
The fragile peace in the Middle East collapsed on Tuesday as Iran announced it had struck 85 U.S. sites across…
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Business
Logistics Giants Warn Against Abandoning Strait of Hormuz for Costly Land Routes
The global logistics industry is facing a reality check over the viability of land-based trade corridors in the Middle East,…
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World
Gold Prices Retreat as Hormuz Attacks Ignite Inflationary Fears
Gold prices fell for a second consecutive session as renewed hostilities in the Strait of Hormuz pressured the precious metal,…
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Business
Beijing’s Strategic Oil Return: Restocking Without Rattling Global Markets
China has initiated a significant return to Middle Eastern oil markets, securing at least 26mn barrels for mid-summer delivery as…
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Business
Tehran Signals Continuity as Top Officials Reappear for Khamenei Funeral
The public emergence of Iran’s military and political elite at funeral prayers Sunday served as a calculated display of institutional…
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World
Iran Asserts Tactical Control in Hormuz as Shipping Traffic Diverts to Tehran-Approved Routes
The mid-June US-Iran agreement to stabilize the Strait of Hormuz is facing a stark test of maritime reality as at…
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Business
Logistics Resilience: How DHL Navigates Middle East Volatility and the $1,900 Fuel Peak
The volatility of the global energy market, triggered by friction in the Middle East and the closure of shipping lanes…
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World
UN says 57 ships cross Strait of Hormuz under evacuation plan
About 57 ships carrying approximately 1,100 sailors have crossed the Strait of Hormuz since June 23 as part of a…
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World
Oil prices hit lowest levels since March as Iran receives 60-day US license
West Texas Intermediate fell to approximately $72 per barrel on Wednesday. Brent crude touched $77 per barrel. These are the…
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