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Strait of Hormuz Tensions Escalate | Salt Lake City News
Tensions skyrocket as the U.S.-Iran peace deal expires, with both sides bracing for conflict over control of the Strait of Hormuz — a lifeline for global oil. Iran and Oman near finalizing an agreement to solidify Iranian dominance over the strait, while the U.S. president threatens military action against Oman and claims the strait should be American territory. Iran dismisses these as delusions, insisting full control remains theirs. Trade is already suffering, with shipping down 20% and oil prices soaring past $90 a barrel — pushing gas prices above $4 a gallon. Listen in comfort:Get a…
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