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Thursday
18
Jun 2026
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Athens 30°C

> Strait of Hormuz

> Strait of Hormuz

Oil: 9% plunge after Axios report that US and Iran are nearing an agreement

Axios claims the agreement would include, among other things, the lifting of restrictions on ship passage through the Strait of Hormuz

The fear of the Strait of Hormuz crisis in the aviation industry

US conflict with Iran and the risk of a prolonged blockade in the Strait of Hormuz cause concern about soaring fuel prices, flight cancellations and show the day ahead for aviation

Iran moves to consolidate control over the Strait of Hormuz: Tolls and new ship transit control mechanism announced by Tehran

Ships wishing to pass through the maritime passage will be required to communicate with the new authority, complete the necessary documentation, and pay the prescribed transit fees

“Diet Coke parties” take India by storm: Iran war causes soft drink shortage in the country

Diet Coke is sold only in cans in India, making the Coca-Cola product more vulnerable to supply chain disruptions caused by the closure of the Strait of Hormuz

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