South Korea Has An Oil Problem. Canada Is Helping To Fix It
Negotiations for an end to the Iran war have so far failed, and the Strait of Hormuz remains effectively closed. On Monday, the US military started blockading ships entering and exiting Iranian ports. President Trump said Iranian ships would be “immediately eliminated” if they approach the blockade, which is meant to force Tehran back to negotiations. At least five countries — Sri Lanka, Myanmar, Cambodia, Bangladesh, and Slovenia — are rationing fuel and implementing mandatory purchase limits to conserve supply. Major…