WS #10692
Iran rejects UN-backed plan for Strait of Hormuz evacuation lanes, while UKMTO reports a cargo ship struck by a projectile in the Red Sea; Iran proposes toll system for transiting ships, potentially generating $40B annually. France shuts three nuclear reactors due to record heatwave, reducing output; TotalEnergies ordered by Paris court to address indirect emissions.
Geopolitical Risk: Strait of Hormuz & Red Sea
Iran rejects UN-backed plan for Strait of Hormuz evacuation lanes, while UKMTO reports a cargo ship struck by a projectile in the Red Sea; Iran proposes toll system for transiting ships, potentially generating $40B annually.
France shuts three nuclear reactors due to record heatwave, reducing output; TotalEnergies ordered by Paris court to address indirect emissions.