A prolonged closure of the Strait of Hormuz, one of the world's most important oil shipping routes, could severely disrupt global supply chains and destabilize energy markets, potentially leading to far-reaching ...

The 50,000-ton ship USS Tripoli could play a key role in ensuring freedom of navigation through the vital oil corridor

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.