President Donald Trump has threatened to escalate the war in Iran and hasn’t indicated when the Strait of Hormuz might reopen. An alternative route for oil in the Red Sea has cushioned the impact on oil prices so far. But that may now be at risk too, as Stephen Stapczynski explains. (Source: Bloomberg)
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Iran War: How the Houthis Could Worsen Global Oil Crunch
President Donald Trump has threatened to escalate the war in Iran and hasn’t indicated when the Strait of Hormuz might reopen. An alternative route for oil in the Red Sea has cushioned the impact on oil prices so far.…
