TOPSHOT - A tug boat tows a barge off the coast of Khasab, on northern Oman's Musandam Peninsula, overlooking the Strait of Hormuz on June 24, 2025. Oil prices sank and stock markets jumped on June 24, even as uncertainty reined over a Israel-Iran ceasefire. World markets fear that Iran could shut the Strait of Hormuz, a chokepoint for about one-fifth of the world's oil supply. (Photo by Giuseppe CACACE / AFP) (Photo by GIUSEPPE CACACE/AFP via Getty Images)
