Govt Expects Easing Inflationary Pressure in New Fiscal Year Following Reopening of Strait of Hormuz
3 Articles
3 Articles
This weekend's cross-attacks have highlighted differences in interpretation of Article 5 of the memorandum of understanding on the reopening of maritime traffic in the strait.
Strait of Hormuz Remains Open for Those Who Adhere to PGSA Protocols, But Global Economy Faces Inflationary Shock
By Larry C. Johnson | SONAR21 | June 28, 2026 After an exchange of missiles and drones on Saturday, the US backed down and declined to continue striking Iran. Qatar reportedly intervened to broker a new ceasefire. The US and Iran, in response to Qatar’s intervention, agreed to halt attacks against each other and plan to meet in Doha on Tuesday for technical talks aimed at resolving their dispute over the Strait of Hormuz, according to Axios. The…
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