The new tensions in the Middle East are at a key stage for global energy markets that has hit. Reuters reported that Iran has begun to notify ships that it closed the Strait of Hormuz. Over 20 million barrels of oil per day (about 20% of global supply) will be directly affected if an official shutdown is called. Ships passing …
Read More »What Would Happen If Iran Closed the Strait of Hormuz? The Data Shows Only One Thing
