USA bombs Iran: Is Iran now blocking the Strait of Hormuz to cut off oil supplies?

Oil and gas tankers can still pass through the strait. However, Iran is threatening to close it. Gasoline prices are already rising, but the stock markets are quiet—why?

On Sunday, news broke that Iran's National Security Council would soon decide on closing the Strait of Hormuz. If the council follows the parliamentary recommendation, the global oil supply would be partially disrupted. This is the typical reason for a stock market crash. But nothing of the sort happened on Monday: As in recent months, the financial markets are taking major crises in stride. But what happens if Iran really gets serious? The Süddeutsche Zeitung answers the most important questions for consumers and investors.