What's the latest news right now?
US-Iran Strait of Hormuz deal nears, El-Sayed wins Michigan primary, and Blanche's AG nomination gains GOP support.
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Why did Iran close the Strait of Hormuz?
Iran closed the Strait of Hormuz in 2026 as retaliation for a US-Israeli attack, using naval disruption to pressure global oil trade.
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Why are Dow futures down?
Dow futures fell on July 30, 2026, after U.S. military strikes on Iran heightened geopolitical tensions and rattled global markets.
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Why does the Iran war affect oil prices?
Conflict with Iran threatens global oil supply through potential production losses and disruption of the Strait of Hormuz, causing prices to rise on fear of shortages.
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