Strait of Hormuz ship traffic slows to a crawl. Here’s what to know about the key oil waterway.
The U.S. and Israeli attacks on Iran are focusing attention on the Strait of Hormuz, a narrow but strategically vital waterway in the region that serves as a key artery for global oil shipments. The passage of oil tankers and other commercial ships has all but halted in the strait, sparking concerns that a prolonged conflict in…