After news broke of a U.S.-Israeli strike on the Islamic Republic of Iran, for many people the first question wasn’t about military strategy — it was about the price of gasoline. Indeed, oil futures ...
The Swiss bank just raised its Brent crude forecast again as Strait of Hormuz disruptions refuse to fade.
Written by Isabel Morgan, writer, on behalf of HFM. The South African Rand has become one of the clearest examples of how ...
The Strait of Hormuz – the narrow waterway through which between 20% and 25% of the world’s seaborne oil normally passes – has been effectively closed for just over two months. The immediate ...