Iron ore bucks Hormuz disruption as supply disputes shift to China
On 28 February, when US President Donald Trump announced the start of a joint US-Israel aerial campaign against Iran, he outlined Washington’s intention to complete the military objectives of ‘Operation Epic Fury’ within “four to five weeks”.
Eight months later, the conflict continues. Today, an uneasy conditional ceasefire agreed in April has unravelled amid tit-for-tat airstrikes on commercial tankers and naval warships.
Eight months later, the conflict continues. Today, an uneasy conditional ceasefire agreed in April has unravelled amid tit-for-tat airstrikes on commercial tankers and naval warships.