Middle _ East
Trump said that he will not lift the blockade from Iran, despite the opening of the Strait of Hormuz
The head of the United States, Donald Trump, confirmed that the Strait of Hormuz is open and “ready for work and full passage of ships.” At the same time, the US president added that the
other materials in the section Middle _ East
European gas prices rose by a quarter due to fighting in the Middle East
The European market reacted sharply to the escalation of fighting in the Middle East. Following reports of a near-total halt in tanker traffic through the Strait of Hormuz, gas futures jumped by 25% – the
Middle East War Threatens Biggest Oil Crisis in a Decade – Reuters
An escalation of the war in the Middle East could trigger the biggest oil market crisis in decades. If a quick resolution isn’t forthcoming, oil prices will rise sharply after trading opens on Monday, Reuters
