Strait of Hormuz, key transit passage for global oil trade, has been effectively shut down by Islamic Revolutionary GuardSign up for the Breaking News US email to get newsletter alerts in your inboxUS intelligence reporting sees direct attacks by Iran as the greatest threat to oil tankers going thro ugh the strait of Hormuz, the key transit passage for the global oil trade that has been effectively shut down by the Islamic Revolutionary Guard since the start of the US-Israeli war against Iran.The Trump administration, spooked by possible preparations by Iran to mine the strait, carried out strikes against 16 mine-laying vessels near the strait on Tuesday. US Central Command posted a video showing munitions hitting nine vessels, most of which were moored as they were struck. Continue reading... ...read more read less