US strikes on southern Iran's ports are causing fuel shortages and pushing oil prices higher, with the Strait of Hormuz handling 20% of global oil supply.

United States forces struck an oil tanker near Iran's Kharg Island terminal. Iran responded by launching missiles at United States military bases in Kuwait and Jordan. This…

US projectiles struck areas around Iran's Qeshm Island near the Strait of Hormuz. Here's what the escalation means for oil prices and crypto markets.