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	Yahoo News: Trump announces a ceasefire in Iran-Israel war, but status remains unclear amid attacks

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	Washington Post: Hours after announcing a ceasefire between Israel and Iran, President Donald Trump said in a social...

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Searching for 'Oil Strikes'. (Return)

CBC Top Stories

Jun 23, 2025

What is the Strait of Hormuz and what could happen to oil prices if Iran shuts it down?

Washington's strikes on Iran stoked fears that Iran could retaliate by closing the Strait of Hormuz, a waterway between Iran and Oman through which around 20 per cent of the oil and gas consumed globally flows.

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