Flashpoint Hormuz: How the U.S.-“Iran Standoff Could Play Out and End - News Talk Florida

Iran Declared War on the Strait of Hormuz and the Entire World Could Pay the Price at the Gas Pump

UKMTO has verified fourteen attacks on tankers since late September, including a strike off Qatar hundreds of miles from Hormuz, as Tehran vows to keep the strait closed. Trump has pledged no strikes on Iran before the midterms, and one analyst warns oil markets could take months or longer to normalize.

Flashpoint Hormuz: How the U.S.-“Iran Standoff Could Play Out and End - News Talk Florida

Image Courtesy of US Navy The Persian Gulf stands on the knife-edge of a global crisis. With Tehran declaring a complete blockade of the Strait of Hormuz until Washington succumbs to sweeping economic and geopolitical demands, the artery that handles nearly 20% of the world’s petroleum and a vast share of global fertilizer exports has […]