US official highlights the Strait of Hormuz's role in limiting Iran's oil leverage amid a blockade. Normal traffic by July 7 at 2.5% YES.

The Strait of Hormuz, a key chokepoint for the global trade of crude oil and liquefied natural gas, is at the centre of disputes in negotiations to end the Middle East war, even…

Iran plans to assert control over the Strait of Hormuz amid U.S.-Israeli tensions. Traffic normalizing by July 31 at 29.5% YES.