The US bombed Iran’s three main nuclear sites in a major escalation of this month’s conflict in the Middle East. Tehran said it will reserve all options to defend itself.

Nearly 30 per cent of global oil and a third of the world's LNG passes through the Strait daily.

As the U.S. began striking Iran’s nuclear facilities, tanker owners and the oil market are on edge to see if Iran follows through with threats to disrupt shipping at the