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Experts, reports on the Strait of Hormuz and gas prices
Posted
March 13, 2026
Views
101,853
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811
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March 13, 2026
101,853
811
183
0.98%
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23:59Now PlayingShip 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.
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