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 says Strait of Hormuz will not be reopened to US shipsDateMarch 14, 2026In relation toAl-JazeeraIran allows limited Indian shipping through Strait of HormuzDateMarch 14, 2026In relation toAl-JazeeraNobody wants to get involved’ in Strait of Hormuz military operationsDateMarch 15, 2026In relation toAl-Jazeera