At least two supertankers made U-turns near the Strait of Hormuz following U.S. military strikes on Iran, ... A map showing the Strait of Hormuz is seen in this illustration taken June 22, 2025.

The Strait of Hormuz is between Oman and Iran, which boasts a fleet of fast-attack boats and thousands of naval mines as well as missiles that it could use to make the strait impassable, at least ...

Iran's parliament approved a measure June 22 endorsing the closure of the Strait of Hormuz, a major oil transportation route, following U.S. airstrikes in Iran.. Around 20% of the world's oil and ...

A map showing the Strait of Hormuz is seen in this illustration taken June 22, 2025. (Dado Ruvic / REUTERS) Iran’s government has said it’s reserving all options to defend itself after the U.S ...

China, the largest buyer of Iranian oil, sourced 5.4 million barrels per day through the Strait of Hormuz in the first quarter this year, while India and South Korea imported 2.1 million and 1.7 ...

Before the United States bombed Iran, analysts were already seeing signs that a closure of the strait could push oil prices past $100 per barrel. That would be more than a 30 percent increase from ...

But Iran can make it hugely expensive, and dangerous, for the U.S. Navy to have to conduct what would most likely be a weekslong mine-clearing operation in the Strait of Hormuz, according to one ...

Closing the Strait of Hormuz would send oil prices massively higher — at least at first. If Iran blocked the strait, oil prices could shoot as high as $120-$130 per barrel, at least temporarily ...

If Iran blocked the strait, oil prices could shoot as high as $120-$130 per, at least temporarily, said Homayoun Falakshahi, head of crude oil analyst at Kpler, in an online webinar Sunday.