Strait of Hormuz carried nearly a fifth of global crude oil and liquefied natural gas supplies before it was blockaded by Iran during the war.

Strait of Hormuz carried nearly a fifth of global crude oil and liquefied natural gas supplies before it was blockaded by Iran during the war.

Iran shut down the Strait of Hormuz after Israeli strikes killed 32 in Lebanon. Oil spiked 2%, US-Iran talks stalled, and crypto toll payments are in focus.