Topic
global-energy-trade
2 stories related to this topic, newest first.
Washington Examinerpolitics41 days ago
Strait of Hormuz Shipping Paralyzed for Two Months by Iranian Threats
The Strait of Hormuz has been effectively closed to commercial shipping for two months due to Iranian threats of attack. Insurers have withdrawn coverage or set prohibitive terms, causing tankers to remain idle and energy prices to rise. The U.S. has begun a naval effort to reope…
manilatimes.netfinance51 days ago
Iran Proposes Reopening Strait of Hormuz, Lifting US Sanctions, Ending War
Iran has offered to reopen the Strait of Hormuz if the U.S. lifts its blockade and ends the ongoing war, while postponing nuclear program discussions. The proposal, relayed through Pakistan, comes amid a fragile ceasefire and rising global oil prices. President Donald Trump indic…
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