Tehran has established a new maritime toll authority giving it unprecedented administrative leverage over the critical Strait of Hormuz.
Tag: Strait of Hormuz
JPMorgan Forecasts Oil at $97/Barrel If Strait of Hormuz Reopens by Early June
The bank’s analysts revise energy outlook upward contingent on the US-Iran ceasefire deal being finalised.
US Crude Oil Tops 100 Dollars Per Barrel Again Amid Middle East Tensions
Oil prices surged past the hundred-dollar mark again as fears over supply disruptions from the Iran war persisted
US and Iran Talks Continue as Trump Says Patience Running Thin Over Nuclear Deal
Iran said it is still reviewing the latest US peace proposal while key sticking points remain over enriched uranium