Key Issues:
• Running the gauntlet: How has the situation evolved regarding vessels transiting the Strait of Hormuz, and what are the key practical and legal considerations for traders and charterers?
• Managing price risk: A comparison of the effects of the crisis on crude oil and fertiliser markets, two of the commodity classes most affected.
• Mercuria v The Baltic Exchange: A look at the most significant and high-profile dispute to have arisen from the crisis so far.
