Crude war: Oil tanker firm paid Iran $2 million for Strait of Hormuz safe passage; Iran mulls surcharge as US gas costs $8 at some pumps

Crude war: Oil tanker firm paid Iran $2 million for Strait of Hormuz safe passage; Iran mulls surcharge as US gas costs $8 at some pumps

Iran is leveraging control over the Strait of Hormuz by charging tanker fees, and US is desanctioning Iranian oil stuck at sea. Spike in global crude prices is driving up US petrol costs. All in all, ...