- Conflict between the U.S. and Iran threatens Gulf oil flows, with Iran accused of mining the international waters of the strait.
- The vital Hormuz Strait, through which one-fifth of the world's oil passes, faces potential closure due to retaliatory actions.
- The reopening of the strait is allowing key oil supply risks to pass, though the crisis continues to impact market stability and oil prices.
- Conflict in the region affects construction inputs.
Geopolitical conflict is driving labor market shifts within the construction industry.
1 report, 1 independent
Updated Aug 11
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What happened
Geopolitical conflict is driving labor market shifts within the construction industry.