While there have been no major disruptions to the global oil supply so far, the attacks on Iran — by Israel and then the US — have rattled investors, sending oil futures soaring by around 10% ...

The shipping industry calculated that Iranian leaders would act out of self-interest and leave the strait open—precisely what Tehran did.

What Is the Strait of Hormuz, and Why Is It Important? Iranian officials have threatened to mine the waterway, which is a key shipping route for oil and gas.

Iran has a number of options to disrupt ships moving through the Strait of Hormuz-the route for 40% of the world’s tanker traffic–and send oil prices soaring.

Iranian lawmakers have been backing calls to close the Strait of Hormuz, a vital global trade route, where more than a fifth of the world’s oil supply passes every day.

What is the Strait of Hormuz? The Strait of Hormuz is a major oil transportation route, ferrying around 20% of the world's oil and gas flow.

Oil prices eased off a 5-month high as expectations Iran won't close the Strait of Hormuz for now. But this may still change, they warned.

The Strait of Hormuz isn’t the only concern when it comes to flows of crude and other energy products out of the Middle East.

Iran retains the naval assets and other capabilities it would need to shut down the Strait of Hormuz, a move that could pin any U.S. Navy ships in the Persian Gulf, American military officials say.

The Strait of Hormuz is a vital artery for global energy flows, accounting for about 25% of global seaborne oil shipments and about 20% of liquified natural gas flows.