LNG Transportation
Bousso: Iran's fragile deal with oil offers relief, but there are still risks associated with the Hormuz pipeline.
Energy exporters and buyers will breathe a collective sigh of relief when the U.S. and Iran deal ends months of fighting. The fragile calm could not prevent future flare ups and cast doubt on how quickly or fully the tanker traffic in the crucial waterway will return to normal. Iran and the U.S. announced an agreement late Sunday night to lift the blockade on the Strait of Hormuz. This is where?a fifth of the world's oil and LNG passed before the?war broke out on 28 February. After both sides sign the agreement on Friday, it is expected that the Strait...