Strait of Hormuz closure tipping point for global economy may be near
Tankers sail in the Gulf, near the Strait of Hormuz, as seen from northern Ras al-Khaimah, near the border with Oman’s Musandam governance, amid the U.S.-Israeli conflict with Iran, in United Arab Emirates, March 11, 2026. Stringer | Reuters Americans are warily eyeing prices at the pump as oil shipments through the Strait of Hormuz grind…