Kazakhstan ‘Not Winning’ from Hormuz Crisis as Capacity Hits Limit, Expert Says

The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – The closure of the Strait of Hormuz, a major global energy artery, left major oil producers unable to reach international markets and drove crude prices toward record highs. Despite a two-week ceasefire agreement, it will take time to clear the massive backlog in a waterway that carries a quarter of the world’s seaborne… The post Kazakhstan ‘Not Winning’ from Hormuz Crisis as Capacity Hits Limit, Expert Says appeared first on The Astana Times.