How closing the Strait of Hormuz raises your grocery bill Closing the Strait of Hormuz raised oil prices. It also raises the cost of bread.Share this: Iran closes Strait of Hormuz again over US blockade of its portsDateApril 18, 2026In relation toAl-JazeeraEnergy, water, bonds: What are Iran’s targets if Trump hits power plants?DateMarch 23, 2026In relation toAl-JazeeraGunfire reported by vessel in Strait of HormuzDateApril 18, 2026In relation toAl-Jazeera