Ship traffic in the Strait of Hormuz was mostly stopped amid the war in Iran on Thursday, which contributed to rising oil prices. The waterway typically carries around 20% of the world’s supply of oil. On Wednesday, President Trump ordered the release of 172 million barrels of oil from emergency reserves. In a statement attributed to Iran’s new Supreme Leader, Ayatollah Mojtaba Khamenei, he said Iran should keep putting pressure on the critical chokepoint.
Just In
- MAGA Influencer Melissa Rein Lively Charged for Alleged Role in 2025 Racially-Motivated Attack
- Trump scores major Republican primary victory as Cassidy ousted in Louisiana
- Former MMA fighter dead after saving four girls from strong current at one of world’s deepest lakes: report
- Napoleon Solo crosses the finish line first in the Preakness Stakes
- Is Off Campus’ Stephen Kalyn Married? What to Know About His Fiancee Victoria Lovatsis
- Massachusetts governor asks US Navy to help retrieve bodies, evidence from sunken fishing vessel
- Maduro’s alleged ‘bag man’ Alex Saab arrested less than 3 years after Biden pardon: report
- Blackstone seasoning blend recalled over possible salmonella contamination











