U.S. blockade of Strait of Hormuz begins, triggering tanker reroutes and market jitters

1 min read
Source: CBS News
U.S. blockade of Strait of Hormuz begins, triggering tanker reroutes and market jitters
Photo: CBS News
TL;DR Summary

The United States began a naval blockade of Iranian ports in the Strait of Hormuz at 10 a.m. EDT, causing at least two tankers to turn away, prompting mutual warnings between Washington and Tehran, and sparking a spike in global oil prices while international actors consider next steps (including NATO planning and Pakistan‑led diplomacy) and other governments’ positions on participation.

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