Iran says it has closed the Strait of Hormuz again, as ceasefire nears its end
Iran Closes Strait of Hormuz. A Fifth of the World's Oil Holds Its Breath.
What Happened
Iran has announced the closure of the Strait of Hormuz, the narrow waterway between Iran and Oman through which approximately 20% of the world's oil supply passes. The closure comes as a ceasefire — likely related to the Iran-Israel or broader regional conflict — approaches its expiration date, r...
What's In Your Control
Whether you panic-buy fuel or make rash investment decisions in the next 48 hours. Whether you follow the ceasefire deadline closely if you have family or business interests in the Gulf region. Whe...