Strait Of Hormuz Crisis: US-Israel strike Iran: Why is Strait of Hormuz important & how its possible closure could hike global crude oil prices?
AI image (Picture credit: OpenAI via ChatGPT) The Strait of Hormuz – a narrow water passageway in the Middle East – is back in focus. The US and Israel strikes on Iran and its retaliation on Saturday have sent ripples globally, and the growing tensions in the Middle East spell trouble for crude oil prices.US…