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.

US military completed strikes on Iranian military sites across six locations including Bandar Abbas. Here's what the Strait of Hormuz escalation means for

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…