Oil Prices Fall, but Energy Firms Remain Frozen After U.S.-Iran Deal
Analysts said oil and natural gas energy companies would not quickly restore production unless attacks stopped and ships started moving through the Strait of Hormuz.
Analysts said oil and natural gas energy companies would not quickly restore production unless attacks stopped and ships started moving through the Strait of Hormuz.
Skilled electricians, plumbers and factory workers are in demand, but job openings have dropped.
Countries including Australia, Spain and others have already passed bans or are working on plans to restrict teenagers’ access to social sites.
A handful of vessels have crossed the crucial waterway since the U.S.-Iran truce began, but shipowners, insurers and others are wary of safe passage.
Other sticking points for journalists at the investigative nonprofit included demands for wage increases and layoff protections.
Some wells can be turned on in days or weeks, but bringing the Gulf’s energy system back to something akin to normal will take months.
The airline said demand for tickets remained very strong despite the effects of the war in Iran.
Analysts and traders are anxiously watching the Strait of Hormuz and whether peace talks can resolve big differences between the United States and Iran.
Some wells can be turned on in days or weeks, but bringing the Gulf’s energy system back to something akin to normal will take months.
Natural gas is hard to store, but China has found a way to do it, while also developing alternate suppliers and expanding production at home.