Israel-Iran conflict raises alarm over Strait of Hormuz. What it means for oil prices and inflation.

Israel’s military strikes against Iran are raising concerns that Tehran could retaliate by closing the Strait of Hormuz, potentially disrupting oil and gas supplies and unleashing a fresh wave of inflation across the globe.

Jun 13, 2025 - 21:22
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Israel-Iran conflict raises alarm over Strait of Hormuz. What it means for oil prices and inflation.
Israel’s military strikes against Iran are raising concerns that Tehran could retaliate by closing the Strait of Hormuz, potentially disrupting oil and gas supplies and unleashing a fresh wave of inflation across the globe.