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Strait of Hormuz crisis
With Brent crude above $100 and ceasefire talks stalling, Jamaica faced soaring fuel costs, mounting inflation and a delicate reconstruction effort throughout May 2026.
Brent crude spiked to $120 in March before the April ceasefire provided partial relief. Jamaica’s reconstruction effort faced a brutal new headwind just as it was gaining momentum.
The escalating war involving Iran, the United States, and regional actors in the Middle East has already begun to reshape…
War in the Middle East is once again shaking global energy markets, with the escalating conflict between the United States,…
