This June saw a record-breaking heatwave and the commencement of an expanded World Cup, but it wasn’t just football and tropical temperatures that were a cause for celebration. This month also saw the re-opening of the Strait of Hormuz as the US and Iran brokered a tentative peace-deal that sent waves of relief across volatile global energy markets.
By Adam Novakovic May saw temperatures soar as many dusted off their barbecues, while others headed to the parks and beer gardens to make the most of the unseasonably warm weather. In the energy markets, a much-anticipated peace-deal failed to materialise as the conflict between The US/Israel and Iran looks set to continue into the summer months.
