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Since the war in Iran began, oil shipments through the Strait of Hormuz have stalled, disrupting a route that carries 20% of the world’s oil supply. As a result, oil prices have surged, pushing U.S. gas prices up an average of almost $0.50 a gallon, according to GasBuddy.com. Defense Secretary Pete Hegseth says the U.S. is addressing the threat with “American firepower,” adding that the “Iranian Navy is largely no more. There'll be more boats to be sunk, for sure. So their ability to project any
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Since the war in Iran began, oil shipments through the Strait of Hormuz have stalled, disrupting a route that carries 20% of the world’s oil supply. As a result, oil prices have surged, pushing U.S. gas prices up an average of almost $0.50 a gallon, according to GasBuddy.com. Defense Secretary Pete Hegseth says the U.S. is addressing the threat with “American firepower,” adding that the “Iranian Navy is largely no more. There'll be more boats to be sunk, for sure. So their ability to project any
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