And Cruz will probably be happy with ticket sales. Eight of his remaining 10 UK dates are sold out.
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This story was originally featured on Fortune.com
But the greater risk to energy markets is if Iran closes the Strait of Hormuz, among the most vital oil export chokepoints through which about 20% of the world’s petroleum liquid flows, amounting to about 20.9 million barrels per day. Though Iran has not officially closed the strait, Iranian missiles have hit some vessels, and major shipping companies have halted operations, effectively shutting down the trade corridor.