Iran wants oil tariffs paid in Chinese yuan – is the power of the US petrodollar in decline?
Iranian tariffs in the Strait of Hormuz may change how oil is traded and priced, with implications for currencies, alliances and global economic power.
Iranian tariffs in the Strait of Hormuz may change how oil is traded and priced, with implications for currencies, alliances and global economic power.
Iran has threatened to shut down this narrow seaway. Here’s why that could be a big deal.
Iran’s leaders are demanding sovereignty over the strait for a reason: it protects them from future attacks and can be a very effective bargaining chip.
Even at the best of times, most seafarers face extremely difficult working conditions, while contending with geopolitical crises and unpredictable trade cycles.
A peace deal has reopened the Strait of Hormuz, but insurance premiums, mine clearance and a container shortage across two continents suggest the disruption is far from over.
The assassination of the Iranian general could have lasting effects on energy markets. Which countries could benefit from it and which could be negatively affected?
Gallipoli was a hastily launched military campaign over a maritime choke point – and has parallels with the Strait of Hormuz.
With the declining power of financial sanctions, many countries are now physically boarding ships to enforce scattershot rules of trade, conflict and commerce.
Cooking gas and diesel fuel are among the oil products whose supply levels have been affected already. Here’s why to expect long-term shortages.
Donald Trump isn’t the first American president to fall prey to the allure of U.S. military might and to ignore its limitations.