Iran-US Talks Stall as Hormuz Pressure Reshapes Gulf Power Balance
Shipping insurance costs for vessels transiting the Strait of Hormuz rose sharply this week as diplomatic channels between Washington and Tehran remained silent, confirming that the strategic waterway—not Iran’s nuclear program—now dominates negotiations between the two powers. The disruption affects roughly one-fifth of global oil trade passing through the narrow strait, sending ripple effects through […]
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