Tag: Strait of Hormuz
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Commentary: Brace for a flood of oil as soon as Hormuz reopens
The reopening of the Strait of Hormuz will be an extraordinary event, but the oil industry doesn’t have a playbook for it, says Javier Blas for Bloomberg Opinion.
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India says sailors rescued off tanker ablaze off Oman
MUMBAI: Omani authorities airlifted 24 Indian sailors off a tanker on fire off the coast of Oman on Monday (Jun 8), New Delhi officials said, without saying what caused the blaze.”We are thankful to the Omani authorities for their swift response and rescue of all the 24 crew members of Indian nationality, onb
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Iran threatens regional energy assets as it trades strikes with Israel
An IRGC source warned that any further attacks on Iranian energy infrastructure would trigger strikes on energy assets in the broader region, after Israel struck Iran’s Karun petrochemical plant in Khuzestan and the IRGC responded within the hour by hitting facilities in Haifa.
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US downs two Iranian drones threatening Strait of Hormuz traffic
US forces intercepted two Iranian attack drones near the Strait of Hormuz, a day after downing four others that Washington said threatened maritime traffic in the strategic waterway. #EuropeNews
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Commentary: The Strait of Hormuz is getting less dire by the day
The longer we go without oil from the Persian Gulf, the less we’ll need it, says Christopher Smart for the New York Times.
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How the Strait of Hormuz standoff flipped the energy security debate
Iran’s influence over the strategically vital Strait of Hormuz has inadvertently transformed the energy security debate.
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Commentary: Strait of Hormuz disruptions create a ‘fossil premium’ for consumers
The Iran war has shown how deeply dependent the world is on fossil fuels beyond electricity and transport, says Alvin Ee of the Energy Studies Institute, NUS.
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OECD warns of global slowdown as U.S.-Iran war stymies economic growth prospects
The OECD has cut its global growth outlook, warning of lasting damage caused by the Middle East conflict.
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