Iran, Strait of Hormuz
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The U.S.-Iran ceasefire is on the verge of collapse, and with it any prospect of restoring normal traffic through the Strait of Hormuz. Even if the agreement holds, transit fees, sea mines, billions in infrastructure damage,
The U.S. and Iran's contradictory interperations of the memorandum of understanding have led to renewed fighting over the Strait of Hormuz.
Prediction Markets Keep Betting The Strait of Hormuz Will Reopen But What If This Is the New Normal?
Prediction markets have repeatedly pushed back expectations for normal Strait of Hormuz traffic, raising questions over whether traders are underestimating a permanent shift in Gulf shipping.
US demands Iran publicly state that Strait of Hormuz is open and Tehran won’t attack ships anymore
A series of unclaimed airstrikes have hit Iran after the U.S. said it ended its attacks, raising questions about who targeted the Islamic Republic.
A cluster of strikes on vessels in the Strait of Hormuz puts a fragile peace framework into jeopardy, as unrestricted passage is a central provision of the newly brokered agreement between the U.S. and Iran.
Th US revokes a licence it granted Iran to sell oil in an effort to ease tensions. Read more at straitstimes.com. Read more at straitstimes.com.
OPEC+ is boosting oil output by another 188,000 barrels daily from August, continuing to reverse earlier cuts. Despite this, actual supply remains below pre-conflict levels due to disruptions impacting key producers.
