The United States does not expect an early settlement of the issue of navigation through the Strait of Hormuz
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The United States does not expect an early settlement of the issue of navigation through the Strait of Hormuz
The United States does not expect an early settlement of the issue of navigation through the Strait of Hormuz. Energy Minister Chris Wright said that for now the oil market should proceed from maintaining restrictions and rely on alternative routes....
U.S Says Oil Traders Should Not Expect Breakthroughs As Hormuz Blockade Continues
The United States of America (USA) has advised oil traders against expecting a breakthrough on the Strait of Hormuz as Iran plans to pitch other Gulf countries on a deal for passage through the energy chokepoint. “Counting on a consensual agreement with Iran today is certainly not a good bet,” U.S. Energy Secretary Chris Wright […]
The importance of the pipeline has increased significantly in recent months, when at the end of February the war between the United States, Israel and Iran drastically reduced oil tanker traffic through Hormuz
U.S. Secretary of Energy Chris Wright has announced that the movement of oil shipments through the Strait of Hormuz is escalating, with the expectation that it will continue to rise.
Oil returns above 108 dollars as it skips the meeting on the opening of the Strait of Hormuz. Trump threatens Iran and increases the risk of a new energy crisis. Raw materials / Brent, First Floor, Oil, Donald Trump, US-Iran War, Hormuz Strait
Hormuz crisis sends oil higher
from AZADEH AKBAR in Tehran, Iran Special contributor TEHRAN, (CAJ News) – THE Iran-US war entered another tense phase overnight as diplomatic efforts to secure safe passage through the Strait of Hormuz faltered, sending oil prices sharply higher and reviving fears of a prolonged global energy crisis. The crucial waterway is not completely closed, but […] The post Hormuz crisis sends oil higher first appeared on CAJ News Africa.
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