4 days ago ... For Iran, the effect of the blockade was dire. Oil exports through the Strait of Hormuz accounted for about 80 percent of total Iranian exports.
BizDataDive: How the Strait of Hormuz crisis shook up global markets
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BizDataDive: How the Strait of Hormuz crisis shook up global markets
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- currentsapi(Mixed)By CGTN
The Strait of Hormuz crisis shook up global markets. It witnessed oil prices surging as much as 55%, and saw gold climbing to a record $5,405 per ounce. The United States said on Thursday that it had lifted its maritime blockade on Iran, while Tehran announced measures to reopen …
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Jun 17, 2026 ... In this June 17, 2026, update of What's Going on With Shipping, Sal Mercogliano analyzes the latest developments in the Strait of Hormuz as ...
2 days ago ... President Donald Trump said Tuesday that Hormuz was open to all ships except those of Iran after the reimposition of the U.S. naval blockade. " ...
Mar 10, 2026 ... The resulting ripple effects go far beyond the region, affecting energy markets, maritime transport and global supply chains.