OX: Hormuz peace parley and Hapag takeover talk as peak season arrives
Who sits where?
By Ruben Huber
The Middle East is still a mess, the main difference from this point last week is we now have twice as many countries blockading the Strait of Hormuz, while the world waits for oil to flow. As of the time of writing, the latest news is that US envoys are returning to Pakistan but even that comes laden with more threats.
The energy crisis in many countries gets worse, hitting the poorest economies hardest. The petrochemical industry and those that require ...
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