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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.
As U.S. strikes on Iranian nuclear facilities drive fears of retaliation, it remains to be seen whether Iran will try 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 ...
The Iranian parliament backed a move to close a major oil and gas route, after American airstrikes on its nuclear sites.
Iran would have no legal authority to order a halt to traffic through the key shipping waterway, but has said it will reserve ...
If things were to re-escalate, the Iranian regime could take a worst-case, most damaging counter-measure by blockading the ...
Around 84% of oil passing through the Strait of Hormuz is destined for Asia, leaving the economies of China, India, South ...
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The Manila Times on MSNThe Strait of Hormuz is a vital route for oil. Closing it could backfire on IranThe war between Israel and Iran has raised concerns that Iran could retaliate by trying to close the Strait of Hormuz, the world's most important oil chokepoint due to the large volumes of crude that ...
Iran last disrupted traffic in the Persian Gulf in April last year when it seized an Israel-linked container ship near the ...
Together, the tankers offer the first signs of a re-routing of oil ships following the attacks. Read more at straitstimes.com ...
What is the Strait of Hormuz? The Strait of Hormuz is a 167-kilometre-long sea passage that connects the Persian Gulf to the ...
The Strait of Hormuz is one of the world's busiest shipping lanes, so any disruption would hit the energy markets hard.
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