Business & Economy
Brent crude falls to three-month low below $80 as Iranian oil tankers ‘resume shipping’ – as it happened
One G7 official has told Bloomberg there are serious difficulties in finding a common position among the group about how to deal with the situation in Iran.
Summary
One G7 official has told Bloomberg there are serious difficulties in finding a common position among the group about how to deal with the situation in Iran. One senior US official said traffic in the waterway would ramp up over time, and it could take as many as two weeks for shipping to significantly increase — and even longer for it to return to the levels seen before the US and Israel attacked Iran in February.
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