CNBC | Iran is threatening to close the world's most important transit lane for crude oil CNBC Rising tensions between the United States and Iran are resurrecting long-held fears that the Iranian military will attempt to disrupt much of the world's crude oil shipments by shutting the Strait of Hormuz. President Donald Trump decision to abandon ... Iran threatens to block Strait of Hormuz over US oil sanctions US Navy says will protect commerce in face of Iran oil threat Will the world's oil supply continue to flow out of the Gulf? |