The full consequences of the effective closure of the Strait of Hormuz can be postponed for only so long. Since July 7, when suspected Iranian attacks damaged three tankers in or near the strait, leading U.S. President Donald Trump to declare a few days later that the U.S.-Iran ceasefire was “over,” transits have slowed to […]
Rising Costs from the New Hormuz Blockade
The cushion for energy and fertilizers is dangerously thin.



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