Roughly one-fifth of the world's oil moves through the passageway
Oil prices jumped Monday as the widening war in Iran disrupted tanker traffic through the Strait of Hormuz, highlighting how ...
Times Observer
Gas prices skyrocket after Iran air strikes
The average price for a gallon of gasoline jumped 11 cents overnight to about $3.11 in the U.S., according to motor club AAA. Gas prices were already rising before the U.S. launched strikes on Iran as ...
What to know about the Strait of Hormuz, a key passageway essential for global energy supply
The widening war in Iran has ground tanker traffic through the Strait of Hormuz to a halt and oil prices have soared, ...
Meduza
Iran’s attacks on energy infrastructure are driving up oil and gas prices. The chaos may end up benefiting Russia.
Amid the war in the Middle East, Iran has been targeting key energy infrastructure across the region. Tehran is also ...