Dossier
global energy prices
Coverage of global energy prices in the Nexus archive.
- Only three commodity vessels crossed Strait of Hormuz on Thursday
Only three commodity vessels crossed the Strait of Hormuz on Thursday, a record low since May, due to the US' resumed blockade. The reduced traffic has led to rising global energy prices.
- Prolonged Strait of Hormuz closure would cause oil prices to surge, experts warn
The Strait of Hormuz closure has led to a significant drop in oil shipments, driving global energy prices to their highest level in years. Experts warn that a prolonged closure could further exacerbate the situation, causing even greater price surges.
- Prolonged Strait of Hormuz closure would cause oil prices to surge, experts warn
The Strait of Hormuz closure has led to a significant drop in oil shipments, driving global energy prices to their highest level in years. Experts warn that prolonged closure could exacerbate the situation, further increasing oil prices.