The Strait of Hormuz is being opened, then closed, then opened, then closed - now Iran, then the USA, then Iran, then the USA... What is going on there?!
We explain in as simple a language as possible - in one paragraph Saul Loeb / AFP / Scanpix / LETA Pentagon press briefing on the situation in the Strait of Hormuz. April 16, 2026 The Strait of Hormuz is very important for the global economy - 20% of oil supplies pass through it. Following the attacks by the US and Israel, Iran threatened to open fire on any ships attempting to pass through. Few people decided to check how real the threats were; most tankers stopped and oil prices rose sharply.