Montel News - Energy Insights
Hormuz in Iran’s Grip – What does it mean for European energy markets?
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The US appears to have reached an impasse in its war with Iran. Despite its best efforts, Iran has taken charge of the Strait of Hormuz, determining what ships pass through one of the most important trade routes in the world. The implications are significant.
Reporting by Snjolfur Richard Sverrisson, Editor-in-Chief, Montel News. Contributors: Amund Vik, Senior Advisor, Eurasia Group; Bjarne Schieldrop, Chief Analyst, Commodities, SEB; and Tobias Federico, Chief Analyst, Montel.