Strait of Hormuz: Why It's Crucial for Global Oil Prices
By reuters 52 views 6 hours ago
The Strait of Hormuz stands as a pivotal maritime choke point, with recent tensions between Israel and Iran spotlighting its global significance. This narrow passage is a lifeline for oil transportation, influencing prices worldwide. Discover its location, strategic importance, and why conflicts here send shockwaves through the oil market. Elena Casas provides an insightful analysis on this critical waterway.