Oil prices surge as US strikes Iran: How will Khamenei respond to Trump?

The world is waiting with bated breath to see if – and how – Iran responds to strikes on its nuclear infrastructure over the weekend. It could be that Iran’s supreme leader blocks the Strait of Hormuz, which has the potential to unleash global chaos. 20 million barrels of oil pass through the Strait each day – but, at its narrowest, it is only 21 miles wide. That’s smaller than the tightest part of the English Channel. And yet, a fifth of global oil supplies pass through there, and a third of all liquified natural gas. Now, Goldman Sachs has been quick off the blocks to warn that disruption to the Strait could push a barrel of Brent crude oil over $110. Click the link in our bio to get more of the story 🔗 #iran #usa #uk #straitofhormuz #hormuz #donaldtrump #davidlammy #jdvance #petehegseth #ayatollahalikhamenei #politics #business #economics #economy #finance #oil