Hormuz on a Knife-Edge: Shipping Pays the Price as the Iran-U.S. Ceasefire Unravels

The Strait of Hormuz is bleeding trade confidence again. Barely a month after Washington and Tehran signed a memorandum of understanding meant to end months of tanker attacks, the truce has come apart. Both sides are back to trading strikes, and the world’s most important oil chokepoint is once more too dangerous for many owners to risk.

gCaptain