Practical responses: shipping, insurance and national fleets

Considering the deep economic implications of the closure of the Strait of Hormuz to the energy markets, and the global economy, can this situation be resolved even before US-Israel war on Iran ends? Guest speakers Raad Alkadiri warned of prolonged regional instability; Osama Rizvi highlighted Pakistan’s economic and sectarian vulnerabilities; Bora Bariman assessed Turkey and Europe’s constrained responses; and Marc Howson outlined surging LNG prices and tightening Asian gas markets.