Hormuz Shipping Traffic Rises and Oil Prices Hold Steady at $90 Amid Ongoing Middle East Conflict:
Despite the unrelenting military confrontation marked by continuous missile and drone exchanges between the United States and Iran, maritime shipping traffic through the critical Strait of Hormuz has experienced a notable uptick. Offering a much-needed sigh of relief to the global energy market, international crude oil prices remained stable at around $90 per barrel. According … Read more