Pete Hegseth on Strait of Hormuz: 'Don't need to worry about it'

The Strait of Hormuz, the world's most critical chokepoint for oil shipments, has been effectively closed since the U.S. and Israel began the war on Iran.

# Pete Hegseth on Strait of Hormuz: 'Don't need to worry about it' The Strait of Hormuz, the world's most critical chokepoint for oil shipments, has been effectively closed since the U.S. and Israel began the war on Iran. **Read the full article:** [CNBC](https://www.cnbc.com/2026/03/13/iran-war-strait-of-hormuz-hegseth.html) *This article was originally published by CNBC. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*