Faisal Islam: Iran war pause is welcome but the economic scars will last

Petrol

For most of the past six weeks, we have brought you maps of a gummed-up Strait of Hormuz. Approximately 800 ships are believed to have been stuck in the Gulf, many transporting oil and gas, and have been unable and unwilling to exit onto the open seas. During that time, there has been a direct line from the world's biggest traffic jam to rising petrol and diesel prices, higher airfares and swelling mortgage rates around the globe. Many countries are also dependent on these waters for

Tag-uri: Islam Petrol

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