The United States is stepping in to protect global shipping.
The U.S. military says it sank six Iranian boats targeting civilian ships as it moves to reopen the Strait of Hormuz, and two American-flagged ships have already made it through safely.
Officials said ships are to travel through Oman’s waters, where an “enhanced security area” is in place.
The waterway is critical to the global oil supply.
When shipping is threatened in the Strait of Hormuz, oil prices often spike on global markets, which drives up the cost of gas at the pump, delays price drops, and keeps fill-ups more expensive until supply chains stabilize and market uncertainty eases.
Liz Pancotti, Managing Director of Policy and Advocacy at Groundwork Collaborative, joined Local 4 Live to break down what could happen next.
You can watch the full interview in the video at the beginning of this article.