Hormuz Convoys Won’t Fix Vital Oil and Gas Flows Overnight
US military escorts are urgently needed, but it’s ultimately the ship captains who decide whether to sail.
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Welcome to our guide to the commodities driving the global economy. Today, Oil Europe Team Leader Alaric Nightingale looks at prospects for a resumption of Hormuz ship traffic as military hostilities continue for a fifth day.
The oil and gas market needs US military escorts in the Strait of Hormuz right now if Persian Gulf energy flows to global markets are to start coming back.