This Isn’t a 1970s Oil Shock
The Iran war has disrupted a different, more fragile global energy system.
Hormuz Standoff Amid Ceasefire
- North Sea oil prices hit record high as Iran keeps hold over Hormuz Financial Times —
- 'Huge' Win for Iran If Holds Strait: Handjani Bloomberg —
- Strait of Hormuz shipping traffic is effectively at a standstill despite Iran ceasefire NBC News —
- Only five ships crossed the Strait of Hormuz Thursday, far below Iran’s pledge as negotiations begin Fortune —
- Why US-Iran Ceasefire Hasn’t Led to Hormuz Reopening Bloomberg —