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Tag: Strait of Hormuz

Smoke from a destroyed building in Dahiyeh, Lebanon

Iran Conflict Triggers Global Oil Market Volatility and Rising U.S. Gas Price Concerns

William Strasmore March 21, 2026

The escalating conflict in Iran has sent shockwaves through global energy markets, sparking immediate volatility in crude oil valuations.

A column of smoke rising from the U.S. Embassy compound in Baghdad.

US Strikes Military Sites on Iran’s Kharg Island as Trump Threatens Oil Infrastructure

William Strasmore March 14, 2026

The United States has launched targeted strikes on Iran’s Kharg Island oil hub following President Trump’s warnings over shipping disruptions in the Strait of Hormuz.

Trump Administration Mobilizes to Combat Rising US Gas Prices Amid Iran Conflict

William Strasmore March 13, 2026

A bus-sized celestial body that traveled closer to Earth than the Moon’s orbit at speeds exceeding 21,500 miles per hour.