Qatar Stocks Rally as LNG Shipping Restarts
A single tanker moving through a narrow stretch of water was enough to change the mood in Doha’s financial market. After several difficult sessions, Qatar stocks rebounded as investors reacted to signs that liquefied natural gas shipping could cautiously resume through the Strait of Hormuz. The benchmark index climbed as heavyweight banking and industrial shares […]
Oil Prices Fall Despite Hormuz Strait Closure
Oil prices are supposed to hate uncertainty, especially when that uncertainty sits right on top of the Strait of Hormuz, one of the most important energy chokepoints on the planet. Yet the latest market mood feels almost upside down: crude is easing, traders are calmer than expected, and the panic trade that many people predicted […]
