Europe nervously eyes fragile Iran ceasefire as energy crisis rumbles on

Also in this newsletter: Italy calls for looser EU spending rules

US-Iran ceasefire brings little relief as Hormuz shipping barely moves

Vessel traffic in the Strait of Hormuz remains limited as ships require Iranian coordination to transit. Shadi J. H. Alassar/Anadolu/Getty Images The US-Iran ceasefire hasn't restarted normal shipping flows in the Strait of Hormuz. Ships still need Iranian approval or coordination to pass, keeping traffic tightly controlled. Shipping is dominated by smaller, risk-tolerant operators as major firms stay away. The two-week ceasefire between the US and Iran has yet to restore normal shipping th...

Hormuz open or close? Only a 'trickle' of oil leaving right now despite ceasefire

The Strait of Hormuz remains a flashpoint amid escalating Middle East tensions, with oil shipments struggling to resume normal flow. Experts suggest any impact on US fuel prices will be delayed, as a fragile ceasefire shows little progress. Global energy supplies face continued pressure, keeping oil markets unsettled despite recent price dips.

By TOI BUSINESS DESK