Oil tankers reportedly reversing course on approach to Strait of Hormuz | Forexlive

Disruptions are to be expected and that’s what markets are worried about, leading to the spike in oil prices to start the week earlier today. That being said, it remains to be seen how much disruption there would be as Iran has threatened many times over the years to stop operations at the Strait of Hormuz. And they have been unsuccessful at each and every time.