Iran Closes Strait Of Hormuz As Oil Prices Surge Over Escalating West Asia Tensions
Iran has shut the Strait of Hormuz, warning oil vessels against transit. Crude prices and shipping costs have surged amid escalating tensions in West Asia.
US Navy: Iran Tried To Seize Two Oil Tankers Near Strait Of Hormuzand Fired Shots At One
It said that in both cases, Iranian naval vessels backed off after US Navy responded to distress signals & that both commercial ships continued their voyages.
