Iran closes Strait of Hormuz as diesel prices surge to $5.46 a gallon across the United States

3 hours ago 7

Rommie Analytics

A ship was struck by a projectile early Tuesday while sailing out of the Strait of Hormuz, British military officials confirmed. No one has claimed responsibility for the strike. An Iranian official says the critical waterway will remain closed until the United States meets Iran's conditions. The attack comes as Iran continues to restrict shipping traffic through one of the world's most important trade routes. The incident is rattling energy markets. Oil prices are among the highest seen since July, and diesel has soared in every part of the country in the last 24 hours. The national average for a...
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