2 tankers explode in Strait of Hormuz as Iran blames U.S. mines
Shipping traffic fell and global oil prices climbed above US$90 a barrel amid threats of an Iranian response.
CNN Indonesia, Antara News +3
Shipping traffic fell and global oil prices climbed above US$90 a barrel amid threats of an Iranian response.
Why it matters: The strait carries roughly a fifth of global oil use, and some crossings fell by half to two-thirds across shipping datasets.