Articles on Strait of Hormuz blockade

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Oil-related prices are high, but poised to go even higher. Afry Harvy/iStock / Getty Images Plus

Why fuel prices may go higher still

Seven months into the US conflict with Iran, with no clear end in sight, the global oil market has now largely exhausted the safety measures that exist to keep a lid on petroleum prices.
The sun rises behind tankers anchored in the Strait of Hormuz off the coast of Qeshm Island, Iran, in April 2026. (AP Photo/Asghar Besharati)

The Strait of Hormuz: The supply chain loop that broke the world

The Strait of Hormuz is closed for the first time in the life of the Islamic Republic. Restoring the brake requires a credible diplomatic offer from the West.
The U.S. stores its strategic oil reserves in subterranean salt caverns along the Gulf Coast, like this one in West Hackberry, Louisiana, photographed on June 1, 1980. Robert Nickelsberg/Hulton Archive via Getty Images

How and where the world’s 2 billion barrels of strategic oil reserves are stockpiled

Geologist Scott Montgomery tells The Conversation Weekly podcast how strategic oil reserves work and why the U.S. keeps oil in underground salt caverns.

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