Posted inBusiness Insights
Iran Details Conditions for Reopening Strait of Hormuz Amid Regional Tensions
Iran states the Strait of Hormuz will reopen only when the United States meets specific conditions, following regional maritime incidents.
Posted inBusiness Insights
Proposed Strait of Hormuz Transit Fee Threatens to Double Global Shipping Costs
A proposed US transit fee on the Strait of Hormuz could double ocean freight rates and trigger a massive wave of global inflation.
