Middle East ceasefire offers limited relief to global shipping and oil

A temporary ceasefire in the Middle East has offered only limited relief to global shipping and oil markets, with analysts warning that the Strait of Hormuz remains open under restrictions rather than normal conditions.  Speaking to newmoney, Alketas Drosos of EOS Risk Group, Yiannis Parganas of Intermodal and Demetris Roumeliotis of Xclusiv Shipbrokers said the truce has […]