Commodity Traders Reap Profit Bonanza as Iran War Upends Markets
The world’s biggest energy traders are reaping a fresh profit bonanza as the war in Iran causes unprecedented disruption to oil markets.
Hormuz blockade fuels energy crisis
- Oil prices hold near $100 as Trump extends Iran ceasefire but keeps blockade in place The Independent —
- Oil on edge, stocks fall as Trump extends Iran truce but keeps Hormuz blockade IOL —
- War could make petroleum products from clothes to crayons more costly AP News —
- Lufthansa to scrub 20,000 summer flights to save on fuel costs The Straits Times —
- Lufthansa cuts 20,000 flights as fuel prices soar and travel crisis deepens Mirror —