New US-led patrols in Persian Gulf raise stakes with Iran
World | September 03, 2019 20:26 ISTAs the U.S. tries a new way to protect shipping across the Persian Gulf amid tensions with Iran, it finds itself sailing into uncertain waters. For decades, the U.S. has considered the waters of the Persian Gulf as critical to its national security. Through the gulf's narrow mouth, the Strait of Hormuz, 20% of all crude oil sold passes onto the world market. Any disruption there likely will see energy prices spike.
