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commodity trade

Hormuz draft deal offers fragile route back for trade...

Iran and Oman are finalising a proposed shipping arrangement for the Strait of Hormuz, offering a possible route towards restoring trade flows through the waterway while leaving substantial security, insurance and financing risks unresolved. Iran’s foreign ministry said the agreement...

#commodity trade#Iran#Letters of Credit

Hormuz disruption triggers force majeure claims across commodity trades

Disruption in the Strait of Hormuz is beginning to trigger force majeure claims across commodity trades, adding a legal dimension…

#commodity trade#force majeure#Hormuz

Supply chains strain as Hormuz disruption forces trade rerouting

Supply chains are coming under increasing strain as disruption in the Strait of Hormuz forces companies to reroute trade flows…

#commodity trade#Hormuz#shipping disruption

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