Cover oil/gas price movements, shipping disruptions, and OPEC+ responses with specific figures. Report on new sanctions, enforcement actions, and trade effects. Cover significant market reactions in equities, currencies, and commodities. Explain why readers in London, New York, or Tokyo should care about today's economic developments.
With insurance premiums soaring and mandatory Iranian escort fees, the disruption could be worse than the 1973 and 1979 oil crises combined, experts warn.
