Oil Prices Take Major Turn As Iran Ceasefire Reaches Inflection Point

Chaos Breaks Out In Strait Of Hormuz

Roughly one-fifth of the world’s oil and gas moves through the channel in peacetime, making every Iranian threat there a direct hit to global energy markets.

Iran has used its ability to choke the waterway as leverage since the U.S. and Israel opened the war on Feb. 28.

Now, with the ceasefire unraveling and Trump continue reading …