Commentary
Strait of Hormuz Reopening: Path Toward Energy Normalization for the Indo-Pacific
BGA Directors of Energy, Climate and Resources (ECR) Chayamon Srisongkram and Mardika Parama wrote an update to clients on the Strait of Hormuz reopening. Context Although a U.S.-Iran framework agreement was signed June 17, the Strait of Hormuz remains officially contested, while shipping through the strait has resumed gradually. Oil prices have fallen from crisis peaks and tanker operators are returning to Gulf routes, but shipping traffic remains below historical norms, insurers continue … Continue Reading
BowerGroupAsia
