Watch shipping through the Strait of Hormuz grind to a halt amid Iran conflict

Business

Trump’s ‘drill, baby, drill’ policy shields consumers from Iran-driven oil shocks, economist says Unleash Prosperity co-founder Stephen Moore says record U.S. oil and gas production will help counter Middle East turmoil and prevent a spike in gas prices in the wake of recent Iran strikes. NEW You can now listen to Fox News articles! Few places on the planet matter more to the global economy than the Strait of Hormuz. Just about 21 miles wide at its narrowest, the Strait of Hormuz between Iran