Trade & Economy Briefing
Hormuz Tanker Damage: What Changes? | World Briefing 10/23
Iranian TV reports 7 tankers hit in Hormuz; Brent nears a 5-month high. Gulf-Asia crude freight tops $37/bbl and US-China tariff cut dates are still unset.
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Iranian TV reports 7 tankers hit in Hormuz; Brent nears a 5-month high. Gulf-Asia crude freight tops $37/bbl and US-China tariff cut dates are still unset.
Hormuz oil flows sit at 68% of normal, supertanker rates ease from records and the US-China truce is extended. What changes for your costs?