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TEHRAN – For decades, the Strait of Hormuz has remained one of the most sensitive geopolitical chokepoints in the world. This ...
While there have been no major disruptions to the global oil supply so far, the attacks on Iran — by Israel and then the US — have rattled investors, sending oil futures soaring by around 10% since ...
Iran's threat to block the world's most vital oil transit point has raised fears of major global economic consequences.
Iran has long asserted that it can shut down the Strait of Hormuz. While the strait can't be "closed" in the traditional sense - like shutting a road - Iran could attempt to make the waterway too ...
Iran mulls closing the Strait of Hormuz as retaliation: How it could affect global shipping, economy
Iran threatened to close the Strait of Hormuz, a vital shipping lane handling 20% of global petroleum demand, in response to ...
When Iran targeted ships in the Strait of Hormuz in the 1980s, the U.S. Navy escorted ships through the strait. This June, even without a formal closure, some oil tankers and supertankers — which can ...
Iran could still shut down the Strait of Hormuz, the crucial shipping corridor between the Persian Gulf and the Gulf of Oman, ...
Iran's Supreme National Security Council must make the final decision on whether to close the Strait of Hormuz following U.S. bombing raids, Iran's Press TV said on Sunday, after parliament was ...
The vote took place Sunday after the U.S. on Saturday evening hit three Iranian nuclear sites and significantly damaged the country's capabilities.
If Iran moves to blockade the Strait of Hormuz, oil and gas prices could spike, but analysts see that scenario as unlikely for now.
At least two supertankers made U-turns near the Strait of Hormuz following U.S. military strikes on Iran, shiptracking data shows, as more than a week of violence in the region prompts vessels to ...
Around 84% of oil passing through the Strait of Hormuz is destined for Asia, leaving the economies of China, India, South Korea and others vulnerable should Iran blockade the crucial trading route ...
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