President Donald Trump claimed that Iran essentially shutting down the Strait of Hormuz "doesn't really affect" the United States the way it does "other countries." It's true that a small share of U.S. oil imports comes from the Persian Gulf. But the U.S. has been affected by the global increase in the price of oil.

TOKYO (March 21): Iran is willing to help Japanese ships sail a vital route for global fuel supplies, Foreign Minister Abbas Araghchi told Kyodo News in an interview published on Saturday. Japan depends on crude oil imports from the Middle East, most of which transits the Strait of Hormuz. Iran has effectively closed the straitRead More

Strait of Hormuz’s critical role in global energy faces severe strain amid escalating geopolitical conflict

The system is highly vulnerable to disruption, a Kpler oil analyst said.

Iran has managed to profit from oil sales and also “preserve its own export artery” by using control over the chokepoint, said Kun Cao, client director at consulting firm Reddal

We are the only species on this planet with the intelligence to understand exactly what we are doing to it. And the only species doing it anyway.