News Oil Prices Surge as Iran Reinforces Strait of Hormuz Closure, Blames U.S. for Rising Tensions Global oil markets are facing renewed pressure after Iran reaffirmed its stance on restricting access to the Strait of Hormuz, one of the world’s... Simon04/27/2026
News Tensions Surge in Strait of Hormuz as Iran Targets Oil Tankers Amid Ongoing Conflict Tensions in the Middle East have intensified after Iran targeted multiple vessels near the Strait of Hormuz, a critical global shipping route for oil.... Simon04/23/2026