Your daily commute, the products you buy, and the energy that powers your home are all connected to a narrow strip of water you've probably never heard of: the Strait of Hormuz. We'll explore why this 21-mile-wide passage is a choke point for the global economy and how recent tensions could impact your wallet.
The Strait of Hormuz is trending because of heightened geopolitical tensions, particularly involving Iran, raising fears of disruptions to global oil supplies.
Recent incidents, including vessel seizures and drone attacks in the region, have put the Strait of Hormuz back in the headlines.