Tag Page StraitOfHormuz

Could Oil Prices Spike Overnight?

Imagine waking up and your gas bill just shot up—why? An ex-Iranian minister just suggested Iran should control who gets to sail through the Strait of Hormuz, the world’s oil superhighway. If this actually happens, it could mean pricier fill-ups and higher shipping costs for everyone. So, if you see oil or gas prices creeping up, it might just be this drama playing out halfway across the globe! #OilPrices #StraitOfHormuz #MoneyHacks #Business