Iran closes the Strait of Hormuz! No ships passed on Day 1! Swipe →
Barrel price jumped above $95! Biggest spike since 2023!
20% of all world oil passes through this 33km strait!
American aircraft carrier deployed to the Persian Gulf region!
Ship insurance premiums surged 300% in 48 hours!
Japan and South Korea activate strategic oil reserves!
Gas prices could rise worldwide because of the blockade!
Diplomacy or military escalation? The world waits anxiously! Read more →