Wood Mackenzie’s Peter Martin: Global Oil Prices Reflect Higher Risk
For decades, the Strait of Hormuz has served as the world’s most critical maritime chokepoint, a narrow artery through which the lifeblood of the global economy—crude oil—flows. However, recent geopolitical shifts suggest that the volatility once associated with this waterway is no longer a series of isolated tremors, but a permanent feature of the global … Read more