Analysis: The Strait of Hormuz is reopening, but global shipping won’t return to normal for months (opens in new tab)

Behrouz Bakhtiari, McMaster University. This article is republished from The Conversation under a Creative Commons license. Read the original article. Iran and the United States are about to sign a peace deal that will reopen the Strait of Hormuz, the narrow waterway that carries about one-fifth of the world’s oil. Oil prices reacted quickly to [...] The post appeared first on .