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You may pay more for gas after Iran closes Strait of Hormuz oil route
The Strait of Hormuz is the narrowest point in the Persian Gulf and a vital link for oil shipments. See where it is and what could happen next.
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aljazeera.com
What is the Strait of Hormuz? How will its closure impact oil prices?
About 20-30 percent of global oil and gas supplies are shipped through the Strait of Hormuz.
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upi.com
Iran blocks Strait of Hormuz, taking hit at global shipping - UPI.com
The Strait of Hormuz, a waterway that runs alongside Iran and through which roughly 20 percent of the world's oil supply runs through has been blocked.
