Oil prices fall after ceasefire deal as questions over Hormuz Strait linger
A two-week ceasefire agreement between the United States and Iran on Wednesday led to a steep drop in oil prices and a rebound in Asian and European equities. In this edition, we see what the various stakeholders are saying the deal means for the future of the Hormuz Strait through which a fifth of the world's supply of oil and natural gas transits. And we see how Pakistan's adoption of solar power has partially protected it from the energy shock left in the wake of the war.
A two-week ceasefire agreement between the United States and Iran on Wednesday led to a steep drop in oil prices and a rebound in Asian and European equities. In this edition, we see what the various stakeholders are saying the deal means for the future of the Hormuz Strait through which a fifth of the world's supply of oil and natural gas transits. And we see how Pakistan's adoption of solar power has partially protected it from the energy shock left in the wake of the war.
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