Five key questions on the “Battle of Hormuz”

The announcement of a new US naval blockade on Iranian oil – and the suggestion that the US will charge a toll on shipping through the Strait – has upended the MoU and poses risks to our view that energy flows will gradually normalise into 2027. This Update answers five key questions on the implications for oil prices and regional economies.

We’ll be discussing the energy and macro implications of the renewed fighting in the Strait of Hormuz in an online Drop-In briefing on Tuesday, 14th July, 11am NY time/4pm London. Register here to join the session.