Chokepoint Watch: GPS Jamming Impacts Tankers Across Strait Of Hormuz
Despite Israel and Iran volleying missiles and bombs at one another over the weekend, Brent crude futures showed a surprisingly muted reaction Monday morning, initially gapping higher Sunday evening but flat to down. Goldman Sachs analyst Ananya Prakash added color about the market’s restrained response, telling clients the “situation feels relatively contained” for now, with attention centered on potential supply disruptions—particularly […]