Strait of Hormuz
As the Iran conflict entered its third week and the Strait of Hormuz remained at least partially closed, the toll on LNG markets intensified.
Pakistan’s solar transition will help soften the blow from the Iran war and Strait of Hormuz shipping disruption, new research says.
The Trump administration has scrambled to stand up a $20 bn shipping reinsurance plan to smooth the reopening of the Strait of Hormuz. But until the violence ends, energy flows won’t return to normal, experts say.
Oil and gas shipments through the Strait of Hormuz have stopped. Risk from war is compounded by terminated insurance coverage for shipping through the Persian Gulf.