Higher gas prices squeeze Metro Detroiters as Trump pressures Iran on Strait of Hormuz reopening

A countdown looms as the global fuel economy awaits to see if a critical oil trade will reopen in time of President Donald Trump demand. The U.S. leader gave Iran a deadline of 8 p.m. eastern time to reopen the Strait of Hormuz, a closure that is threatening wallets, businesses and the broader economy. The passage way, which is considered the world’s most critical energy chokepoint, has been shut for roughly five weeks, driving fuel prices higher and putting global supply chains under severe strain.