World newsfromwww.aljazeera.com1 day agoIran-US tensions: What would blocking Strait of Hormuz mean for oil, LNG?The Strait of Hormuz is the world's most critical oil chokepoint, carrying roughly 20 million barrels daily (~$500bn annually), exposing global markets to geopolitical risk.
US newsfromFortune8 months agoThe Strait of Hormuz has energy markets nervous about Iran, but there are alternate routes around the chokepointIran considers its response to U.S. strikes on nuclear facilities, particularly concerning the strategic Strait of Hormuz.