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Why the 'flow-on effects' from re-opening the Strait of Hormuz could take months

The economically vital Strait of Hormuz could reopen imminently following a snap ceasefire announcement between the US and Iran.

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sbs.com.au

cnbc.com

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sbs.com.auStai leggendo4 mesi fa

Why the 'flow-on effects' from re-opening the Strait of Hormuz could take months

Trump's ceasefire (Wednesday) may reopen the Strait of Hormuz, blocked since 28 Feb; it carries 20% of global oil and critical fertilizers. Disruptions persist 6-9 months, driving sustained CPI inflation and operational cost increases via fuel and commodity price spikes.

originale

cnbc.com4 mesi fa

‘Weeks, if not months’: Strait of Hormuz tanker traffic won't normalize anytime soon

Traffic through the Strait of Hormuz has yet to see a meaningful rebound and this could continue for weeks, warn shipping experts.

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Why the 'flow-on effects' from re-opening the Strait of Hormuz could take months

‘Weeks, if not months’: Strait of Hormuz tanker traffic won't normalize anytime soon

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Why the 'flow-on effects' from re-opening the Strait of Hormuz could take months

‘Weeks, if not months’: Strait of Hormuz tanker traffic won't normalize anytime soon