Oil routes wobble: Two tankers turn back from Hormuz as US strikes on Iran raise fears of wider conflict

Strait of Hormuz: Following US airstrikes on Iranian nuclear sites, two supertankers abruptly reversed course in the Strait of Hormuz, raising concerns about potential disruptions to commercial shipping. Iran is considering closing the vital waterway, a critical chokepoint for global oil transport. Increased tensions have already caused a surge in tanker earnings, with potential for further escalation and attacks on oil infrastructure.