The Strait of Hormuz is effectively closed; the U.S. must act fast to prevent an energy crisis.
Friday, April 24, 2026
The Strait of Hormuz is effectively closed; the U.S. must act fast to prevent an energy crisis.
Don’t panic over oil prices—yet. The real threat is prolonged disruption of the Strait of Hormuz, which could force an early end to the campaign.
The Strait of Hormuz, through which 20% of global oil passes, is a flash point in U.S.-Iran tensions.