The global economy is facing uncertainty after the resumption of hostilities between the US and Iran. Experts tell Maira Butt that negotiators must go back to the drawing board on the Strait if disruption is to be avoided

The fate of the strait is directly linked to what happens next to the world economy.

The Iran ceasefire's collapse and tanker strikes near Hormuz spiked oil and cut IMF growth to 3% - but the same shock hands Latin America a windfall.

After three weeks of relative calm, tensions escalated again in the Strait of Hormuz. Iran attacked three ships, including a Qatari LNG tanker and a Saudi

The traffic slowdown comes after Iranian attacks on vessels prompted US strikes, while President Donald Trump declared that the ceasefire with Iran was over

Renewed hostilities could undermine credibility of future ceasefires with long-term impact on global energy markets, inflation and risk premiums, analyst says.

Row between US and Iran appears to centre around use of an Omani shipping corridor

With the escalation of attacks by both US and Iran, the fragile peace that was in place is fast fraying

The global economy is facing uncertainty after the resumption of hostilities between the US and Iran. Experts tell Maira Butt that negotiators must go back to the drawing board on…

Iran and the U.S. have announced rival blockades of the Strait of Hormuz. This action cripples an already fragile ceasefire deal between the two nations. Global oil reserves have…