Petrol prices are rising. So are those of plastics and pistachios
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Tankers passing through the
Strait of Hormuz, weekly
Feb
Mar
Oil tanker rates have soared since the US and Iran announced the memorandum of understanding as oil importers scramble to charter…
Energy chokepoint under strain as threats, attacks disrupt vital Gulf shipping lane
Asian customers rely heavily on the Strait of Hormuz strategic waterway for crude, LNG and LPG imports
Shipping lines, retailers, and manufacturers are adapting to prolonged uncertainty around Hormuz and global trade flows.
The cost of hauling crude oil from the Middle East to China rose more than 94% to hit a record high of $423,736 per day on…
The price of a wide range of goods - from food, to smartphones, to medicines - could be affected by the US-Israel war with Iran.
