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Sanjoy PaulThe Conversation |
As oil supply chains are adapting to disruptions in the Strait of Hormuz, Houthi attacks on Saudi Arabian ships in the Red Sea threaten this backup...
Each year, about 10–12% of global shipping trade passes through the Bab el-Mandeb Strait – whose name means ‘Gate of Tears’.
China stands to be impacted first, as the main buyer of Iran’s crude oil. But if the blockade drags on, its knock-on effects could impact the whole...
The closure of one of the world’s major shipping routes, the Strait of Hormuz, has disrupted the global supply chain operations of many critical...
With the Iran war continuing to escalate, the world is grappling with the closure of the busy sea traffic lane, the Strait of Hormuz. You may feel...
The ban marks a departure from Australia’s traditional approach of preserving competitive processes rather than regulating prices directly.
The closure of the Strait of Hormuz would have potentially devastating flow-on effects for oil supplies and prices in Australia.
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