
Oil Prices Rise Amid Concerns Over Prolonged Strait of Hormuz Closure
Oil prices have increased due to the prospect of a prolonged closure of the Strait of Hormuz, a situation that also highlights Cyprus's vulnerability.
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Oil Rises Amid Prospects of Prolonged Strait of Hormuz Closure - WSJ
Oil Rises Amid Prospects of Prolonged Strait of Hormuz Closure WSJ
Read full article →Cyprus remains among the most vulnerable to continued Hormuz closure
The US-Iran ceasefire remains in place, but President Trump’s repeated warnings keep oil prices high, over $110/b. The much-heralded Trump-Xi summit in Beijing was more of a show than substance and did not produce any breakthroughs. China said that finding a solution to the conflict is beneficial to both the US and Iran, but Xi […]
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