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After the Iran war, how fast could global trade recover?

By Ilene
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Even container ships are caught in the Strait of Hormuz chaosImage: Cn-str/AFP/Getty Images

After the Iran war, how fast could global trade recover?

By Nik Martin, DW.com
 

The Iran war could end soon or drag on for months. When the Strait of Hormuz is reopened, the true test will be how quickly energy, fertilizer and other supply chains can bounce back.

Just as optimists sensed that the United States-Israel war with Iran was on the verge of winding down, the monthlong crisis takes yet another twist.

One moment, US President Donald Trump signals that negotiations are progressing and a ceasefire deal is near at hand; the next, he threatens to redouble the bombing of Iranian energy and manufacturing facilities,

Iran, meanwhile, is allowing a small number of ships to pass through the Strait of Hormuz, while denying that any real ceasefire talks are taking place.

More here >

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