Strait Shut Despite Ceasefire, UK Fuel Prices Surge, More

Despite a ceasefire, the Strait remains shut, creating ongoing disruption risk to energy and shipping flows. UK fuel prices are surging as the supply bottleneck persists, pointing to a broader inflationary impulse. The story is geopolitically driven and likely to keep markets in a risk-off posture, especially across energy and transport.

Analysis

Despite a ceasefire, the Strait remains shut, creating ongoing disruption risk to energy and shipping flows. UK fuel prices are surging as the supply bottleneck persists, pointing to a broader inflationary impulse. The story is geopolitically driven and likely to keep markets in a risk-off posture, especially across energy and transport.