Strait of Hormuz tensions could drive $227bn loss in crude oil exports: Russell Group
Reinsurance News - May 09, 2023
Iran has seized an oil tanker in the Strait of Hormuz in the second such incident in the region in a week, as tension with the United States continues, something the Russell Group says could lead to financial stress for the oil and maritime sectors. The Middle East-based US 5th Fleet and Iranian med...
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