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Iran’s Oil Exports Collapse as Hormuz Standoff Drags On
More than six months after the U.S.-Iran war began, shipping traffic at the Strait of Hormuz remains disrupted, and oil prices are once again closing in on the $100 per barrel mark.
Summary
More than six months after the U.S.-Iran war began, shipping traffic at the Strait of Hormuz remains disrupted, and oil prices are once again closing in on the $100 per barrel mark. The U.S. and Iran remain deadlocked at the start of the seventh month of the conflict. But the U.S.
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