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Iran Close to Hormuz Deal, Zelenskyy: No 'Fast End' with Russia
Source: Bloomberg
Geopolitics & WarEnergy Markets & PricesTransportation & Logistics
Bloomberg News reports that Iran is close to a deal concerning the Strait of Hormuz, a critical global oil-shipping chokepoint, while Ukrainian President Volodymyr Zelenskyy said there will be no “fast end” to the war with Russia. The potential Hormuz agreement could reduce near-term disruption risk for energy supplies and shipping, but the continued Russia-Ukraine conflict sustains geopolitical uncertainty.
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