US faced with few good options to tamp down surging oil prices
Experts say reopening Strait of Hormuz remains most viable option as ideas such as influencing futures market fade
Experts say reopening Strait of Hormuz remains most viable option as ideas such as influencing futures market fade

Hormuz closure prompts surge in buying from Asia and Europe

The longer the Strait of Hormuz blockade continues, the more likely a crisis-like adjustment in rich economies becomes

US forces will be ready to descend from helicopters on to oil tankers

President Trump says he is in talks on building coalition to open up crucial waterway

Trump suggests warring sides are closer to a permanent ceasefire

Crude prices soar over potential for disruption to the narrow waterway