Is Iran Closing the Strait of Hormuz? What It Means for Oil and Trade

News Snapshot:

Image Credit: Getty Images Iran has taken a bold step in its escalating conflict with the West, with lawmakers voting to close the Strait of Hormuz following a series of U.S. airstrikes on Iranian nuclear and military facilities. The June 2025 strikes, which targeted key sites in Natanz, Isfahan, and Tehran, were carried out in coordination with Israeli intelligence and marked one of the most aggressive U.S. operations in the region in years. Following the attacks, Iran’s foreign minister warned that the Islamic Republic “reserves all options to defend its sovereignty.” Find out more below. What Is the Strait of...