Oil is up more than 50% since the Iran war began. The Strait of Hormuz is running at less than 10% of normal vessel traffic. And the world’s largest energy companies are being asked to make ...
The oil market is delivering a harsh reminder to investors: geopolitical risk may outrun fundamentals. Brent oil temporarily spiked to about $126 a barrel before tumbling as markets responded to ...
Three months into the Iran War, vessel traffic through the Strait of Hormuz is still running more than 90% below normal levels. Base chemicals have risen faster than at any point on record. Asian ...