Paris: Thirty days into the war in Iran, the key Strait of Hormuz remains partially closed. This situation has led to a significant rise in oil prices, affecting businesses and citizens globally.

According to France24.com, business owner John Catsimatidis discussed the ongoing situation with FRANCE 24's Gavin Lee. The partial closure of the Strait of Hormuz, a crucial passage for oil transportation, has disrupted supply chains and contributed to increasing oil prices worldwide. This development is causing challenges for businesses and consumers who rely heavily on stable oil prices for their operations and daily activities.