Decoding The Hormuz Shock
Transmission mechanism is broader, harsher. Higher freight, insurance costs, plus rerouting & precautionary buying, will keep energy prices high even when flows improve. It’s worse for gas than for oil. Major countries must create crisis-resilient energy hubs
Transmission mechanism is broader, harsher. Higher freight, insurance costs, plus rerouting & precautionary buying, will keep energy prices high even when flows improve. It’s worse for gas than for oil. Major countries must create crisis-resilient energy hubs
