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Iran's threat to block the world's most vital oil transit point has raised fears of major global economic consequences.
The Strait of Hormuz is a strategic waterway for seaborne oil that has long been used by Iran as a geopolitical bargaining ...
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Inquirer on MSNThe Strait of Hormuz: why is it so important?Iran ’s top security body must make the final decision on whether to close the Strait of Hormuz, Iranian TV said on Sunday, ...
As U.S. strikes on Iranian nuclear facilities drive fears of retaliation, it remains to be seen whether Iran will try to ...
The Iranian parliament backed a move to close a major oil and gas route, after American airstrikes on its nuclear sites.
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 ...
If things were to re-escalate, the Iranian regime could take a worst-case, most damaging counter-measure by blockading the ...
The Strait of Hormuz is one of the world's busiest shipping lanes, so any disruption would hit the energy markets hard.
Iran's parliament was reported to have backed a move to close the strait late on Sunday, threatening around a fifth of all ...
22hon MSN
Rising tensions in the Middle East have reignited fears that Iran could blockade the Strait of Hormuz, a critical oil shipping route. A closure could send shockwaves through global energy markets, ...
Oil price slips after Iran targets US base in Qatar instead of blocking Strait of Hormuz: Here’s why
Iran remains structurally reliant on the Strait of Hormuz. While it has an oil export terminal located outside the Persian ...
“Historic” is an adjective that has been worn out by use and abuse. There are, however, moments when it fits like a glove. This is one of them: Iran’s unilateral closure of the Strait of Hormuz ...
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