Forbes | Can Iran Crash Oil Markets By Blockading The Strait Of Hormuz? Forbes Tehran is now threatening to stop the flow of seaborne oil exports from the Middle East by blockading the Strait of Hormuz, a 21-mile-wide strategic choke point in the Arab Gulf (see map). A conflict with the Islamic Republic would prove disastrous for ... Are Oil Markets Underestimating Iran's Threats? $200 Oil - Seriously? Could oil prices skyrocket to $200 a barrel … or more? |