The energy industry is closely watching oil prices after the American airstrikes on Iran's nuclear bases. Iran holds some power in the global oil supply chain thanks to the Strait of Hormuz, the only sea passage from the Persian Gulf to the Gulf of Oman, which leads to the open ocean. Heather Yourex-West explains why the markets appear relatively unphased in the immediate aftermath of the U.S. attack. For more info, please go to https://globalnews.ca/news/11245817/strait-of-hormuz-iran-israel-conflict/ Subscribe to Global News Channel HERE: http://bit.ly/20fcXDc Like Global News on Facebook HERE: http://bit.ly/255GMJQ Follow Global News on X HERE: http://bit.ly/1Toz8mt Follow Global News on Instagram HERE: https://bit.ly/2QZaZIB #straitofhormuz #GlobalNews