Iran-Oman Shipping Lanes Agreement Affects Oil Prices

What this timeline covers

This event covers the surge in US petrol prices to $4.00 per gallon due to escalating tensions between the United States and Iran, and the naval blockade declared by the Houthis against Saudi Arabia, including reactions, analyses, and follow-up developments related to these specific occurrences. It excludes other actions by the United States, Iran, and the Houthis unless they are direct developments or consequences of the aforementioned tensions and blockade.