A month after U.S. and Israeli strikes on Iran, global markets for the supply of crude oil, refined products and liquefied ...
The cost of hauling crude oil from the Middle East to China has skyrocketed as the conflict between the U.S. and Iran disrupts shipping through key routes in the region. Leading maritime insurers have ...
It won't be long before the ongoing closure of the Strait of Hormuz begins to make itself felt across various aspects of banks' balance sheets. If it's protracted, a new oil shock will force a major ...