Strait of Hormuz: What is Trump's 'Southern Highway' and how has it helped avert an energy shock?

Lucian Nemoiu

Oil prices have fallen by nearly 5% following the announcement of an imminent peace deal between the United States and Iran. Despite concerns that conflict in the region could trigger a major energy shock, markets have remained relatively stable. President Donald Trump claimed on social media that "ships are starting to move" through the Strait of Hormuz, a key shipping route for global oil supplies. Sky's Ed Conway takes a closer look at why the energy shock hasn't been quite as severe as

Tag-uri: Donald Trump