Energy Voice | Factbox: Strait of Hormuz is a global oil choke point S&P Global Platts London — The Middle East's key oil and shipping artery, the Strait of Hormuz, is once again under the microscope after the volume was turned up in the war of words between the US administration and Iranian regime. Oil holds as trade fears weighed against US rigs and rhetoric Iran Trump: How Trump threat is ALL about OIL - and how Iran is building Arab allies 'Do Not Play With the Lion's Tail.' Iran Warns President Trump Not to Threaten Oil Exports |