The Strait of Hormuz Risks To Oil Prices

Helmholtz Watson

[b][color=red][b]U.S. FAA prohibits operators from flying over Strait of Hormuz and Gulf of Oman
due to heightened tensions[/b][/color][/b]

U.S. Federal Aviation Administration issued an emergency order prohibiting U.S. operators from flying in an overwater area of Tehran-controlled airspace over the Strait of Hormuz and Gulf of Oman

said it remained concerned about the escalation of tension and military activity within close proximity to high volume civil aircraft routes as well as Iran’s willingness to use long-range missiles in international airspace with little or no warning.

via Reuters