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Hormuz Crisis: Iran Picks Oil Buyers As Shipping Disruptions Rock Global Markets | Watch Video
Posted
March 18, 2026
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March 18, 2026
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4:35Now PlayingTensions in the Middle East have escalated after Iran signalled it is maintaining control over the Strait of Hormuz following US and Israeli strikes, a move that could disrupt nearly a fifth of global oil shipments. Iranian Foreign Minister Abbas Araghchi said the strategic waterway remains open but restricted for what Tehran calls its “enemies,” raising fears of selective access to one of the world’s most critical energy routes.
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