LIVE: Strait of Hormuz closure
War in the Middle East: 10 questions on what’s happening to oil, LNG, gasoline and fertilizers in Argentina
Since the United States and Israel struck Iran on Feb. 28, the Strait of Hormuz has entered an active crisis. Brent crude has risen above $100 a barrel for the first time in four years, the global liquefied natural gas (LNG) market has been shaken, and fertilizer prices have already increased by as much as 35%. Argentina is playing on both sides of the field.
