Energy price forecasts revised higher amid stalemate
Oil flowing through the Strait of Hormuz despite stalemate The US-Iran Memorandum of Understanding (MoU) proved short-lived, and mediation efforts have yet to restart negotiations. Oil prices have consequently risen from late-June and early-July levels, with ICE Brent trading back around the $90/bbl level. Meanwhile, the brief flurry of Strait of Hormuz flows during the ...
We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.
