Iran's threat to close the Strait of Hormuz has halted shipments, raised oil prices and increased risks of global supply delays.

A fifth of global oil flows through the Strait of Hormuz. Here’s why its closure is shaking energy and shipping markets.

Iran closes key Strait of Hormuz shipping route after ayatollah threatens to sink US warships - The strategic waterway has not been shut since the 1980s. The move comes amid ongoing tensions with the

Fearing the supply disruption, Brent crude climbed to $78.55 per barrel, up 7.8% from $72.87 The Strait of Hormuz is crucial as about 20% of global oil supply,that is around 15 million barrels per day, pass through it.

The Strait of Hormuz is the narrow mouth of the Persian Gulf through which about a fifth of the world's oil passes.

Iran has threatened to shut down the Strait of Hormuz if the US and Israel launch a war against it. Given a quarter of seaborne oil and a fifth of global LNG shipments pass through this critical

Oil production from Iraq’s main southern oilfields has dropped by about 70% after the country was unable to export crude

Amid the war in the Middle East, Iran has been targeting key energy infrastructure across the region. Tehran is also threatening energy exporters, warning that tankers entering the Strait of Hormuz — a narrow,