How US-Israel attacks on Iran threaten the Strait of Hormuz, oil markets

The US-Israeli attacks on Iran have triggered swift retaliatory attacks from Tehran, targeting their assets in multiple Middle East countries, including Israel, Qatar, the United Arab Emirates, Kuwait, Bahrain, Jordan, Saudi Arabia, Iraq and Oman.

Analysts are warning of a spike in global oil prices after Iranian officials hinted at shutting down the Strait of Hormuz, one of the most important m...