Tag: #oil

Maersk Keeps Ships on Longer Detours Despite Two‑Week Ceasefire for Strait of Hormuz

Maersk will keep vessels on longer detours despite a US‑Iran two‑week ceasefire that could allow limited, conditional transit through the Strait of Hormuz.

#maersk, #shipping, #straithormuz, #oil

KOSPI Rockets 5.8% as U.S.-Iran Two-Week Ceasefire Eases Oil Fears

Seoul’s KOSPI surged 5.8% after a U.S.-Iran two-week pause in fighting drove oil prices lower and strengthened the won, triggering a broad relief rally.

#southkorea, #kospi, #oil, #iran, #stocks