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.

Iran shuts the Strait of Hormuz on June 20, citing Israeli ceasefire violations. Oil spikes, Bitcoin reacts, and crypto markets brace for more volatility.

Crude oil prices soared past $81 as Iran reportedly closed the Strait of Hormuz following escalating regional conflicts, while Asian stock markets reached record highs.

Iran's IRGC shut the Strait of Hormuz again, cutting commercial shipping to below 10% of normal volumes and rattling oil and crypto markets worldwide.