🚨 MAJOR BREAKING: Iran has officially closed the Strait of Hormuz.

Oil tankers began turning back this morning, with several vessels making 180-degree U-turns at 9:15 AM ET, just moments after Iran's parliament approved the closure.

Oil prices are expected to SKYROCKET.

#OilCrisis #StraitOfHormuz #MiddleEastTensions #EnergyMarkets