The Critical Commodities Caught in the Hormuz Blockade
LPG shortages are hitting India and China hardest, while fertilizer and aluminum disruptions could keep global supply tight even after shipping resumes.
7 Articles
7 Articles
Paul Krugman smacks down Trump speech with argument that $4 gas is ‘less than half’ of the Hormuz hit. Here’s what he’s talking about
Several other essential commodities cross the critical choke point, and a prolonged closure of the strait could injure American consumers.
The Critical Commodities Caught in the Hormuz Blockade
When an Indian tanker carrying liquefied petroleum gas (LPG) passed through the Strait of Hormuz recently, its progress was followed by excited live TV news coverage. “Its position was received eight minutes ago. It’s currently at 12.5 knots and is moving at 154 degrees. It’s reported ETA in India is at 9.30 p.m. tomorrow,” reported one journalist, providing running commentary while following a tracker app. Later, videos showed the ship with a m…
First LNG Ship to Attempt Hormuz Exit Isn’t Carrying a Cargo - Energy News, Top Headlines, Commentaries, Features & Events
By Sing Yee Ong and Weilun Soon A liquefied natural gas tanker has entered the Strait of Hormuz, and if it successfully navigates the waterway would become the first such vessel to pass through the strait since the start of the war. The Sohar LNG tanker, which appears not to be loaded with cargo, is ...
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