Global energy flows are severely restricted through the Strait of Hormuz following a fragile ceasefire. Iran has imposed a strict 15-vessel daily limit, demanding prior approval and rerouting ships closer to its coast. This controlled transit, coupled with threat warnings and potential crypto tolls, creates significant uncertainty and delays for vital oil and gas supplies. Global energy flows are severely restricted through the Strait of Hormuz following a fragile ceasefire. Iran has imposed a strict 15-vessel daily limit, demanding prior approval and rerouting ships closer to its coast. This controlled transit, coupled with threat warnings and potential crypto tolls, creates significant uncertainty and delays for vital oil and gas supplies.
Trending
- ‘Forced into Ukraine war’: SC asks Centre to respond to habeas corpus plea of 26 Indians stranded in Russia
- ‘With deep anguish’: What Justice Yashwant Varma wrote in resignation letter to President Murmu
- UK: Elderly man sexually assaulted by woman with Spanish accent
- Telangana: Man proposes minor for male heir before killing pregnant wife, two daughters
- ‘Using Frisco as a film set’: Indian-origin man exposes ‘coordinated’ anti-Indian campaign in US
- US-Iran peace talks in Pakistan: Is it happening? Lebanon hurdle puts fragile truce at risk
- ‘Will be pleasure to see him in Parliament once again’: PM Modi congratulates Nitish Kumar, now a Rajya Sabha MP
- UCC, Rs 3,000 monthly aid & more: What BJP has promised in its West Bengal manifesto