- Ongoing conflict in the Middle East is causing energy shocks, driving policy decisions, and leading to market exuberance affecting companies like Nvidia and those listed on Nasdaq.
- The conflict in the Middle East, affecting the Strait of Hormuz, is causing energy shocks that are now impacting UK inflation.
Amid ongoing tensions, Trump has threatened military action regarding the Strait of Hormuz, while JD Vance is scheduled to meet with Mohammad-Bagher Ghalibaf in Switzerland.
1 report, 1 independent
Updated Jun 17
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What happened
Amid ongoing tensions, Trump has threatened military action regarding the Strait of Hormuz, while JD Vance is scheduled to meet with Mohammad-Bagher Ghalibaf in Switzerland.
Who's involved
What this event is mainly aboutKeep exploring
Part of
The conflict in the Middle East, affecting the Strait of Hormuz, is causing energy shocks that are now impacting UK inflation.Also in this story
- G7 members are competing for market share in the sanctioned oil market, while oil continues to flow through the Strait of Hormuz.
- UAE aims for zero Hormuz dependency, Iran uses Hormuz as a conflict lever, and Kuwait seeks pipelines bypassing Hormuz.
- Iran struck Qatar's LNG hub with missiles while the threat of a Hormuz shutdown looms, potentially crippling China's oil imports.
The entities involved
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Hormuz
city in Hormozgan Province, Iran
Related events
- Donald Trump launched a war with Iran, causing the Strait of Hormuz to become a major international concern.
- US delegation held talks with Iranian officials in Doha, while the US conducted airstrikes against Iran's shipping attacks.
- Trump announced a signed agreement with Iran, which JD Vance confirmed, aiming to fully open the Strait of Hormuz. The ceremony is expected in Geneva.
- JD Vance attends talks with Iranian officials amidst regional tensions, including the Strait of Hormuz.
- Iran has blocked the Strait of Hormuz, while Trump has issued threats regarding infrastructure targets in the area. Houthis are also attacking shipping in the Red Sea.