With shipping traffic at a near halt at the Strait of Hormuz, the possibility of prolonged disruption to supplies of oil and other important commodities has grown.The big picture: If the military situation doesn’t change soon, it will create a moderate stagflationary drag on the U.S…
By Irina Slav - Jun 21, 2026, 4:00 PM CDT The Hormuz blockade exposed the vulnerability of Gulf energy exports, prompting major producers to accelerate pipeline projects that...
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