Iran Threatens $200 Oil After Strait of Hormuz Ship Attacks

Iran has warned oil could surge to $200 a barrel after attacking three cargo ships in the Strait of Hormuz, severely disrupting global oil trade. The attacks follow US destruction of Iranian minelayers and escalating Middle East tensions.

Reopening Strait of Hormuz Poses Major Global Challenge

The Iran war has blocked the vital Strait of Hormuz, disrupting global oil flows and spiking prices. Governments are planning to reopen this crucial chokepoint, but experts warn of extreme dangers and complex logistical hurdles ahead.

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