WS #11448
Iran's IRGC is actively blocking ships using the US-backed southern route through the Strait of Hormuz, causing a sharp drop in crossings and countering the recovery narrative, while OPEC+ agrees to a further output increase that remains largely on paper.
Strait of Hormuz disruption intensifies
Iran's IRGC is actively blocking ships using the US-backed southern route through the Strait of Hormuz, causing a sharp drop in crossings and countering the recovery narrative, while OPEC+ agrees to a further output increase that remains largely on paper.