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The bombing may have paused, but energy supplies are precarious
USA waived Iran oil sanctions (June) for Strait of Hormuz transit security, triggering mini-glut that pushed Brent to $72/barrel. Energy price volatility impacts IT infrastructure costs and semiconductor supply chain stability—geopolitical risk remains critical for CTO budget planning.
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Behind the scenes at The Economist

As trouble mounts in the Gulf and the Red Sea, fears are rising once again

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The present tranquility will not last

Stranded Gulf supplies are choking off the region’s economies

The present tranquility will not last

Stranded Gulf supplies are choking off the region’s economies